News: Brokerage

BNYDC appoints Ehrenberg as president and CEO

The Brooklyn Navy Yard Development Corp. (BNYDC) revealed that David Ehrenberg, currently executive vice president at New York City Economic Development Corp. (NYCEDC), has been appointed as the new president and CEO of the not-for-profit that manages the 300-acre, city-owned industrial park. While at NYCEDC, Ehrenberg played an integral role in fulfilling the Bloomberg Administration's five borough economic development strategy. The Brooklyn Navy Yard has emerged as the national model of urban manufacturing, having benefitted from $250 million in public investment that spurred some $750 million in private investment. Ehrenberg and his team will oversee the development of more than one million s/f of new industrial space within the Yard, upgrading the Yard's infrastructure in addition to leasing and promoting local economic development through the Yard's employment programs. "I am pleased to welcome David Ehrenberg to the Navy Yard's helm," said mayor Michael Bloomberg.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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