News: Brokerage

E-J Electric honored for donation to the 2011 College Scholarship Fund of the 100 Year Association of New York

According to Robert Mann, chairman of E-J Electric Installation Co., the company has contributed to the 2011 College Scholarship Fund of the 100 Year Association of New York. E-J Electric was honored on December 15 at the 100 Year Association's Annual Awards Ceremony, attended by commissioner Edna Handy and deputy mayor Stephen Goldsmith at One Police Plaza. Their contribution to the 2011 College Scholarship fund has been awarded directly to Scott Gordon, a deserving son of Howard Gordon, an emergency medical specialist in the N.Y.C. Fire Department. The ceremony at One Police Plaza marked the 53rd year that the 100 Year Association has been administering the awards program. The association has distributed more than $1.5 million dollars and over 900 public service awards to career New York City employees, as well as college scholarships to sons and daughters of city employees. E-J Electric is one of the oldest independent electrical contractors in the nation. The company's electric divisions include Power Generation, Building Services, Data and Communications, Transit, Retail, Roadway and Outdoor Specialty, First Call Emergency Response and Energy Services. For more information about E-J Electric, please visit: www.ej1899.com.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
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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.
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,

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