News: Brokerage

AREAA of Metro New York hosts "Global is the New Local" event; Held on July 24th at the W Hotel

The Asian Real Estate Association of America (AREAA) of Metro N.Y. hosted the "Global is the New Local" event on July 24th at The W Hotel. The event featured a keynote panel followed by roundtable discussions on topics including technology and social networking, financing options, professional networking, real estate tax and finance, and working with international buyers. The "Global is the New Local" event showcased successful real estate leaders who have positioned themselves as the "go-to" resources for international real estate needs. Participants heard best practices, learned about technology tools and discussed how cultural factors are critical in the global real estate process. Shown (from left) are the AREAA panelists: Joseph Kluemper, managing director of WTAS LLC; Alex Flores, banker at Wells Fargo Private Mortgage; Janet Choynowski, CEO of Immobel and Real-Buzz; Arthur Hung, licensed associate real estate broker at The Corcoran Group; Nikki Field, senior global real estate advisor and associate broker at Sotheby's International Realty, NYRS; Gordon Hoppe, senior vice president and director of sales of Corcoran Sunshine Marketing Group; Sherry Chris, president and CEO of Better Homes and Gardens Real Estate; and Eric Barron, CEO of Keller Williams N.Y.C.
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Columns and Thought Leadership
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
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