News: Brokerage

Professional Profile: Joseph Lewis, SIOR 2013

Name: Joseph Lewis, SIOR Title: Vice President Company: Sutton Real Estate Company LLC Location: Syracuse, NY Birthplace: Philadelphia, PA Education: BA, King's College First job outside of real estate: I have never worked outside of real estate. First job in real estate or allied field: RM Waddington, Inc., Philadelphia PA What do you do now and what are you planning for the future? Commercial office spacing leasing, and property management. How do you unwind from a busy day in real estate? Racquetball. Favorite book or author: "Tuesdays with Morrie" Favorite movie: "The Shawshank Redemption" Last song you downloaded? Philadelphia Flyers "Goal Horn. " (Have not played it a lot lately) One word to describe your work environment: Awesome culture. Rules to live by in business: What's sauce for the goose is sauce for the gander. If you could invite one person to dinner (living or dead) who would it be and where would you go? William Penn. XIX restaurant, top floor of the Bellevue-Stratford Hotel, Philadelphia PA Ratfordellevue Stratford What is your dream job? Hop Farmer
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.