News: Brokerage

BMAR Members Professional Profiles: Eliot Cherson, Esq. 2013

Name: Eliot Cherson, Esq. Title: Partner (RHC&R) and Legal Counsel to Bronx-Manhattan North Association of Realtors, Inc. Company: Rappaport Hertz Cherson & Rosenthal, PC Location: Forest Hills, NY 11375 Birthplace: New York City Education: JD, Hofstra Law School, 1976 First job outside of real estate: Counselor on Teen Cross Country camping trips where I met my wife. First job in real estate or allied field: Fitzgerald, Fitzgerald & Doyle, PC What do you do now and what are you planning for the future? As Legal Counsel to the Board, I am involved in all aspects of the board while also being a senior partner to my firm. How do you unwind from a busy day in real estate? Veg. Favorite book or author: "Truman" by David McCollough Favorite movie: "Godfather I & II" Last song you downloaded? Norah Jones One word to describe your work environment: Chaotic Rules to live by in business: Keep the client happy If you could invite one person to dinner (living or dead) who would it be and where would you go? Franklin Roosevelt. Any restaurant in Hyde Park, NY What is your dream job? Cruise director
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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