News: Brokerage

AREW charitable fund names spring Merle Gross-Ginsburg scholarships

According to Association of Real Estate Women (AREW) charitable fund co-chairs Madelyne Kirch, Sun & Moon Marketing Communications, and Stephanie Butler, Horizon Land Services, the recipients of spring 2010 scholarships named in honor of Merle Gross-Ginsburg, founder and first president of the AREW, have been unveiled. The recipients are Rachel Marom, an investment analyst in the transactions and capital markets group at Prudential Real Estate Investors; Allison Robin, an associate project manager at Levien & Co.; and Natalya Malinksy, a senior underwriter in commercial real estate banking at JPMorganChase. The three recipients recently attended a reception hosted by James Stuckey, divisional dean, and SCPS dean Robert Lapiner of NYU Schack Institute of Real Estate honoring Merle Gross-Ginsburg, James and Marjorie Kuhn and AREW as visionaries. For over 20 years NYU has partnered with AREW and the AREW Charitable Fund and been the recipient of over $50,000 in scholarships funds earmarked to benefit members of groups, including women, that have been traditionally underrepresented in the real estate industry. In 2008, the James and Marjorie Kuhn Program "to foster diversity in real estate" at NYU Schack was funded.
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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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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
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