News: Brokerage

Consolo of Pru. Douglas Elliman honored by Crain's New York

Faith Hope Consolo, chairman of Prudential Douglas Elliman's Retail Leasing and Sales Division, was yet again named one of the Top 100 Most Influential Women in Business, by Crain's New York. This year, Consolo is joined by an array of extraordinary businesswomen. "It is quite an honor to be in the company of such prominent female executives," said Consolo. "While women continue to exhibit success across a multitude of professions, it is of continuing importance that they are recognized for their outstanding perseverance in often male-dominated fields." Crain's will host a special luncheon at Cipriani's 42nd St. location, honoring the 100 women who were selected. The 12-2 p.m. event will take place on November 14th.
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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.
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