News: Brokerage

Faith Hope Consolo joins "What's in Store for Retailers" panel

Douglas Elliman Retail Group chairman Faith Hope Consolo will share her views on a panel entitled "What's in Store for Retailers" at the Counselors of Real Estate's ("CRE") midyear meetings, April 29th from 3:45 - 5:15 p.m. at the Waldorf Astoria, 301 Park Ave. Held on the second day of a four-day, annual summit, the retail panel also includes Richard Kinnard, VP of realty for Walmart Stores, Inc.; Aaron Renn, founder and CEO of Telestrian, LLC; and moderator Bill Martin, founder and executive VP of ShopperTrak. "They are calling this year's conference, 'The Stars are Aligned,' which is truly an understatement considering the line-up of guest speakers and panelists," said Consolo. "I am honored to have been invited to participate and look forward to a dynamic discussion during our session." Among the other preeminent speakers scheduled for the 2013 midyear meetings are Larry Silverstein, president and CEO, Silverstein Properties, Inc., Glenn Rufrano, president and CEO, Cushman & Wakefield, and the honorable Lt. governor Kim Guadagno. The event is being held April 28th through May 1st. More information about the various sessions and online registration may be found at: http://www.cre.org/programs_and_events/midyear_meeting.cfm
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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 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
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.
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,