News: Brokerage

Avison Young launches new charitable initiative: Five for Five program

Shown (from left) are: Avison Young office managing directors Jeff Heller from the New Jersey office; Mitti Liebersohn and Arthur Mirante from the New York office; Sean Cahill from the Fairfield County/Westchester office; and Ted Stratigos from the Long Island office.

New York, NY According to Arthur Mirante, Avison Young principal and Tri-State president, the company is celebrating the fifth anniversary of its operations in the region by launching a new charitable initiative.

Under the new Avison Young Five for Five program, employees in the firm’s NYC, Long Island, New Jersey and Fairfield/Westchester offices will dedicate five hours of volunteer community service to a charity of their choice over a five-month period.   

“Five years ago, Avison Young made the strategic decision to commence its Tri-State operations and create a collaborative, principal-led and client-focused culture of excellence that would change the real estate industry in this region,” said Mirante. “We are happy to report that our business model has proven to be a success, and our growth in this market – in such a rapid period of time – was even more than we expected. In the early days, we shared our culture with prospective clients and relationships and asked for the opportunity to perform and demonstrate our commitment to provide superior service. Thankfully, the market responded positively and we have much to celebrate as our Tri-State regional operations turns five years old. We think the perfect way to commemorate all that we have accomplished is by giving back to the communities that we serve. Avison Young believes strongly that everything we do should have a net positive impact on our local communities, and to boost this overall theme, we’re pleased to announce our new Five for Five program.”

“What we have achieved is unprecedented in this market and a testament to both the hard work of our entire team and the trust that our valued clients have put in us. We are showing no signs of slowing down and remain excited about what we can accomplish in the next five years as we continue to grow our footprint throughout this market and expand our service lines,” Mirante said, “I am so happy to be with a firm that cares about its people and the communities we live and work in. This is a core component of our global culture that I take great pride in. With inclusion and diversity, Avison Young is helping to progress these vital initiatives, through actions and not just words.”

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,600 real estate professionals in 82 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,

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
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.