News: Brokerage

Professional Profile: Peter Wehner 2013

Name: Peter R. Wehner, AIA LEED AP BD+C Title: Associate and Senior Project Architect Company: Passero Associates Location: 242 West Main Street, Suite 100 Rochester, NY 14614 Birthplace: Rochester, NY Education: Master of Architecture degree and Bachelor of Arts degree, Design, Clemson University, Clemson, SC First job outside of real estate: Stock boy/soda jerk/assistant manager at Woolworth's store. First job in real estate or allied field: Architect at Martin Rose Associates. My first assignment was to design a Blood Lab for ACM Labs, and I worked with Art Rose (Marty's father) who acted as the Construction Manager. I don't think there could have been a greater learning experience than working on that building. What do you do now and what are you planning for the future? I design buildings, and help lead a great staff of associates. My greatest love is designing spectacular spaces for clients, and I seek to bring excellent design to even the smallest of projects. I try and give back as much time to my profession and to the community as possible, by serving as the Chairperson of the Irondequoit Planning Board and president Elect of the AIA, and by working with several charitable organizations. How do you unwind from a busy day in real estate? Cooking, especially cooking delicious BBQ, and competing in BBQ competitions. Favorite book or author: Any book by Dennis Lehane Favorite movie: "Forrest Gump" Last song you downloaded? "Boogie Chillun" - John Lee Hooker, "The No Draw Blues" - Valerie June, and "Babel" - Mumford and Sons One word to describe your work environment: Awesome Rules to live by in business: In design, many times people only know what they don't like, and only realize what they like once they see it. You need to learn to turn that seemingly negative input into a positive outcome. If you could invite one person to dinner (living or dead) who would it be and where would you go? Leonardo DaVinci, to his favorite Italian place. What is your dream job? Real estate developer or chef/restaurant owner.
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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,