News: Brokerage

Wolf Haldenstein Alder Freeman & Herz LLP expands real estate department with addition of Kulak

Wolf Haldenstein Adler Freeman & Herz LLP revealed the addition of Kelly Kulak, of counsel, to the firm's real estate department, led my Jeffrey Schwartz. Kulak's practice focuses on commercial real estate transactions, including the acquisition, financing, development, leasing and sale of commercial property, among them office buildings, hotels, mixed use properties and shopping centers. She provides legal advisory services on a wide variety of matters, extending from the creation of residential condominiums in Union Square and Tribeca to the sale, acquisition, financing and refinancing of office buildings, mixed-use properties, and hotels in Manhattan and the surrounding Tri-State area, and retail and office leasing for various clients, including large Tri-State area developers. She also has experience counseling clients in loan work-outs and restructurings. "We are delighted to welcome Kelly to our team," said Schwartz. "Her background compliments the talents and skill sets of our existing transactional group and brings a level of experience that will enhance our practice group. She is a terrific addition." Prior to joining the Firm, Kulak was at Morrison Cohen and Cole Schotz, where she obtained extensive experience representing Tri-State Area developers, and building owners, and national big box retailers in acquisitions, grounds leases and sales. She was admitted to practice in New York and New Jersey in 2000. Kulak obtained her J.D. from Seton Hall University of School of Law in 1999, and her undergraduate degree from Ramapo College of New Jersey in 1994.
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 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
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 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.
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