News: Brokerage

REBNY Pro-Am Tennis Tournament raises $62,000 for NYC Detectives’ Endowment Association’s Widows’ and Children’s Fund

REBNY president John Banks; Pro-Am co-chairs Stephen Siegel of CBRE; and Jonathan Mechanic of Fried, Frank, Harris, Shriver & Jacobson LLP present a donation to Detectives’ Endowment Association vice president Paul DiGiacomo

New York, NY REBNY’s 31st Annual Pro-Am Tennis Tournament, helmed by Fried Frank’s real estate department chair Jonathan Mechanic and CBRE chairman of global brokerage Stephen Siegel, raised $62,000 for NYC Detectives’ Endowment Association’s Widows’ and Children’s Fund. 

“It’s great for the real estate community to come together and raise money for such an important cause,” said Siegel. 

“The Detective’s Endowment Association does amazing work in supporting our city’s police officers and their families and we are honored to have played a role in this great effort,” said Mechanic. 

The proceeds from this year’s event went to support and provide assistance to the family and children of slain NYC officer Miosotis Familia, who was tragically killed in the line of duty in June of 2017. 

Officer Familia was a 12-year veteran of the NYPD, a role model in her community and the mother of a 21-year-old daughter and 12-year-old twins.  The funds raised have allowed the family to stay together and help pay for housing and education costs. The two younger children are able to remain in school and live with their older sister in London, England – something that would not have been possible without the REBNY event. 

“It is refreshing that this real estate organization and its members put together this great event to raise funds for the family of one of our fallen heroes. We are truly thankful,” said NYC detective Paul DiGiacomo, vice president and chairman of the Detectives’ Endowment Association Political Action Committee.

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
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.
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,

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