News: Brokerage

BOMA New York presents 2023 Civic Betterment Award to CaringKind

Manhattan, NY BOMA New York presented the 2023 Civic Betterment Award to CaringKind, New York City’s leading expert on Alzheimer’s and dementia caregiving for over 45 years.

The BOMA New York Civic Betterment Award recognizes organizations in New York City who have made major contributions to help make New York City a better place to live, work and play. Previous winners include the Hamilton House, Tunnel to Towers Foundation, St. Francis Food Pantry, Tuesday’s Children, Women in Need (WIN) Organization and The Kids for Kids Foundation.

This year’s award was presented to CaringKind at the BOMA New York Holiday Luncheon on December 1st at the Ziegfeld Ballroom with 700 commercial real estate executives in attendance.

Matt Duthie, chair of BOMA New York said, “New York City is truly the greatest city in the world because we collectively take care of everyone; from newborns to the elderly, and so many more in need of assistance.”

Alexander Trotta of CBRE, and chair of the Civic Betterment Award Committee, presented the award.

Other committee members include John Esslinger of Boston Properties, Mark Furman of Colliers International NY, Jennifer Lin from Tishman Speyer Properties, and Marina Maryenko from Colliers International NY.

Trotta said, “There were many worthy organizations nominated this year. We felt CaringKind was the clear recipient to further help the countless families and individuals living with Alzheimer’s and dementia.”

Trotta presented a $2,500 check to CaringKind’s Andrea Tallent Spivak, VP of strategic alliances, who accepted on behalf of the nonprofit. At the event, Trotta urged all in attendance to contribute what they can to the essential organization.

As one of the country’s first and oldest charities serving families impacted by Alzheimer’s and other cognitive disorders, CaringKind continues to thrive in the field as a leading community-based services organization. With a mission to create, deliver, and promote comprehensive and compassionate care and support services for individuals and families affected by Alzheimer’s disease and related dementias, and to eliminate Alzheimer’s disease through the advancement of research - CaringKind’s role as a trusted partner is propelling them to new heights in the emerging era of early detection, disease-modifying treatments, comprehensive dementia care models and payment reform.

In 2023, CaringKind responded to 8,300 helpline calls, initiated 1,285 social work consultations, and hosted 90 different support groups facilitated by trained leaders both virtually and in person.

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
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 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
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 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.