News: Brokerage

DeBiase of H2M receives 2009 Bull Moose award from the AIHA

According to H2M, Paul DeBiase, CIH, CSP, chief environmental scientist of the firm, received the 2009 Bull Moose Award from the American Industrial Hygiene Association (AIHA). The award is given annually by the Metro N.Y. AIHA chapter in recognition of valuable contributions to the field of industrial hygiene. DeBiase is a certified industrial hygienist, certified safety professional and certified hazardous materials manager with 19 years experience in the areas of indoor air quality, asbestos and lead hazards, and environmental and hazardous material concerns. He has served numerous public and private sector clients, and trained technical specialists in the engineering and environmental fields. He has been the secretary of the Metro N.Y. AIHA chapter for the past eight years. He has a M.S. in Environmental Sciences from C.W. Post Campus of L.I. University and a B.S. in Biological Sciences from SUNY at Stony Brook. The AIHA is "the essential source" for information on Occupational and Environmental Health and Safety issues. Founded in 1939, AIHA is an organization of more than 12,000 professional members dedicated to the anticipation, recognition, evaluation, and control of environmental factors arising in or from the workplace that may result in injury, illness, impairment, or affect the well-being of workers and members of the community.
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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.
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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
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
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,