News: Brokerage

2023 REBNY Honorees - John Santora - The Kenneth R. Gerrety Humanitarian Award

John Santora

“I am humbled and honored to receive the Kenneth R. Gerrety Humanitarian Award for my service to the community. It is a privilege to be included among the group of exceptional individuals who have received this award before me. I am grateful to REBNY for this recognition and will continue to strive to elevate our industry and strengthen our communities.” John Santora, Chairman, New York Tri-State at Cushman & Wakefield Inc.

John Santora is one of the commercial real estate industry’s most experienced global executives having deep trusted relationships with leading real estate executives and multinational clients throughout the world.

John currently serves as chairman, New York Tri-State at Cushman & Wakefield Inc. Previously he served as president of the Tri-State region where he was responsible for driving forward the execution of Cushman & Wakefield’s strategic plan for the region. A 40+ year veteran of the firm, John was a member of Cushman & Wakefield’s board of directors for over 20 years. He previously served as global chief operating officer and chief integration officer for the company.

Prior to the integration, John was CEO of North America, Cushman & Wakefield’s largest global operating region. In this role, he further integrated service lines in the regions across leasing, capital markets, valuation & advisory and the Corporate Occupier & Investor Services (CIS) group.

John currently is a member of the Borough president of Staten Island’s transition team and ongoing advisor. John is a past fellow of the University of Pennsylvania Wharton School, Chairman of the Realty Advisory Board, the executive board of the Real Estate Board of New York (REBNY), and a member of the board of trustees for Local 32BJ-Health and Benefit Funds. John attended New York City Community College and the College of Staten Island, majoring in engineering and fire science. He is also a certified Property Manager by the Institute of Real Estate Management (IREM), LEED GA.

John is on the board of the FDNY Foundation and Richmond University Medical Center. John also serves on a number of non-profit boards and has been the recipient of many prestigious industry and charity honors.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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,

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