News: Brokerage

Ariel Property advisors sell three Brooklyn properties totaling $5.09 million

Ariel Property Advisors arranged the following three sales totaling $5.09 million: * A 40-ft. wide development site with 20,400 buildable s/f at 1 Sullivan Place at the corner of Washington Ave. in Crown Heights sold for $2.5 million. Exclusive agents Jonathan Berman, Akil Rossi, Daniel Tropp, and Mark Spinelli represented the buyer, a local developer. * A three-story, 4,500 s/f, mixed-use building located on a retail corridor at 156 Graham Ave. in East Williamsburg sold for $1.615 million. Exclusive agents Tropp, Berman, and Spinelli represented the seller, a private owner, and procured the buyer, a local investor. * A mixed-use, three-story property located at 486 Halsey St. in Bedford-Stuyvesant sold for $975,000. Exclusive agents Berman, Rossi, Tropp, and Spinelli represented the seller, a private owner, and procured the buyer, a local business owner.
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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