News: Brokerage

East River hires Bhatia as director of development

East River Partners, LLC has appointed Ravi Bhatia as the firm's new director of development. Prior to joining East River Partners, Bhatia was director of operations & program manager for LIGTT Regional Center, LLC, a private equity firm charged with financing and developing a $1.5 billion portfolio. Bhatia has25 years of project leadership experience on real estate, construction and infrastructure projects for Fortune 500 clients, real estate developers, multinational corporations, private investors and large public institutions. Bhatia previously worked as project executive for Madison Equities, a New York City developer. In that role, he spearheaded the construction and development of boutique, residential, hotel and commercial high-rise projects. He has held leadership positions in real estate development, construction management, general construction, subcontracting, telecommunications and technology/systems integration. Bhatia is a registered professional engineer, a project management professional and is a member of the Royal Institution of Chartered Surveyors (MRICS). He holds a B.S, in mechanical engineering from Polytechnic University, a MBA from Hofstra University and a M.S. in telecommunications and information management from Polytechnic University. East River Partners LLC is a New York based company that acquires and develops residential properties in desirable neighborhoods primarily in Manhattan and Brooklyn.
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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

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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
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