News: Brokerage

Business Council of Westchester accepting 40 under 40 nominations

The Business Council of Westchester is currently accepting nominations through its website (www.westchesterny.org) for the Class of 2011 Rising Stars 40 Under 40. Anyone over 21 years of age who works in Westchester and remains under the age of 40 through June 30 is eligible for consideration as a 2011 "Rising Star" award winner. The winners will receive their Rising Star awards during a ceremony at MasterCard Worldwide on June 9. Modeled after the national business recognition program "40 Under 40," Rising Stars is designed to recognize individuals under the age of 40 who exemplify leadership, foresight and a vision for the future of the county. Nominations are accepted online only at http://www.westchesterny.org/grow/starnominate.html. The deadline to nominate a potential Rising Star is April 1.
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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
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,