News: Brokerage

Developing a career the recent focus at NYCREW breakfast

Attendees at the most recent Leading Ladies in Real Estate Breakfast series event sponsored by the New York chapter of Commercial Real Estate Women's Network (NYCREW) were given a wide-ranging overview of commercial real estate trends from speaker Patricia Dunphy, senior vice president of Rockrose Development, who discussed her own varied career in the commercial and residential sectors. NYCREW Network, the original New York area chapter of CREW (Commercial Real Estate Women, a national organization of over 9,000 commercial real estate professionals), was founded in 2001 to advance the success of women in commercial real estate through opportunity, influence and power. Seated (from left) are: Caroline Platt; Patricia Kantor, Edwards Wildman Palmer LLP; Kimberly Pinkerton, Creative Office Pavilion; Dunphy. Standing (from left) are: NYCREW board member Beth Zafonte, Akerman LLP; Dotti Cunningham, globeDOTTIng Travel; NYCREW president elect Christine Chipurnoi, Wells Fargo Insurance Services; NYCREW board members Theresa Garelli, Sutton Alliance and Annemarie DiCola, Trepp LLC; Jessica Orella, Sanctuary for Families; Virginia Richards, Montroy Andersen DeMarco and Ashley Noble, Honest Buildings.
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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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Columns and Thought Leadership
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
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.