News: Brokerage

Cusimano-Levitz joins Grand Lux Realty as licensed associate broker

According to Grand Lux Realty, Jeanette Cusimano-Levitz has joined their Armonk office as a licensed associate broker. Her experience with real estate spans nearly ten years, with her expertise derived from her time at Sotheby's, Prudential Holmes and Kennedy and the Siderow Realty Group. She has demonstrated a commitment to understanding and meeting the needs of her clients throughout her career. Before her real estate years, Levitz served as an executive at Time Warner and Boarts International. In addition to her career in real estate, Levitz is an active volunteer in her community, partaking in numerous organizations such as the PTA and Save the Children, while also teaching at local elementary schools, St. John's and St. Mary's church and the Jacob Burns Film Center for the See, Hear, Feel Film Program. Her educational credentials include a Bachelor of Arts degree in marketing from Brooklyn College.
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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.
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,

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