News: Brokerage

09-18-2013 - CoreNet NYC to hold panel event at Westin Times Square

CoreNet NYC will hold a program titled, "Developing, Maintaining and Inspiring High Performance in Commercial Real Estate Organizations" on Wednesday, September 18 from 6 - 8 p.m. The event will be held at the Westin Times Sq., 270 West 43rd St. (at Eighth Ave.) Dynamic senior corporate real estate leaders and a human resources consultant will discuss tactics and strategies for building strong and effective corporate real estate organizations. Topics include: * Selecting, developing, compensating and retaining talented staff * Educating and cooperating with senior management and other internal clients * Identifying and managing high performing vendor resources * Measuring the performance and effectiveness of departmental real estate resources Panelists will also comment on contrasting approaches used to address corporate real estate needs in different industry sectors. Moderator: Pay Wu, vice president, global business services, American Express Panelists: * Michael Davidson, managing director & head of the New York region & global corporate & investment bank real estate portfolio, JP Morgan Chase and Co. * Gagan Singh, vice president, Goldman Sachs * Adrienne Fretz, partner, OnPoint HR Solutions This event is open to members and non-members. Visit the event's website for more information: http://newyorkcity.corenetglobal.org/NewYorkCity/Events/EventDescription/?CalendarEventKey=638c26ee-fc1f-4937-b84a-deb06308af93
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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.