News: Brokerage

BEAHIVE opens third location in Albany

This is for the entrepreneur, freelancer, solo creative, consultant. You're a hero. A true driver of our economy. Or you could be if you could just get your work on. The problem is that you're stir-crazy at home. You need to be productive, but you're constantly distracted by the kids (or cats, or cable). You're full of spirit and smarts, but low on capital. The solution is BEAHIVE (www.beahivebzzz.com), a shared, dynamic work environment full of like minds, enthusiasm and creativity. They're a new way to work. An inspiring asylum for the creative class. They're inspired in part by coworking, a growing worldwide movement in collaboration, where people work in a shared space, alone and together. They're more than just a space to work, though. They're a community of members from diverse backgrounds with a range of talents and a desire to improve our professional lives, our personal lives and our community. They plan a host of events and programs to inspire, educate and bond members - and engage the larger community. Ultimately they're supporting a local living economy, one that is locally rooted and human-scale. They expect to inject some energy into Downtown Albany by corralling talented folks out of their homes and coffee shops and into one place to create a buzzing community space. BEAHIVE is located at 418 Broadway, and they'll be accepting members by March 1. Memberships start at $20/month and range to $350/month for full-time access and your own permanent desk. Non-member day passes are available for $25.
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Columns and Thought Leadership
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
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