News: Brokerage

Fetscher elected NY Metro NYSCAR president

NYSCAR revealed the election of Paul Fetscher CCIM, SCLS as president of the Metro Long Island Chapter. Fetscher has been in commercial real estate since 1969. He is president of Great American Brokerage, a firm specializing in restaurants and retail. Fetscher is past president of the New York Metro CCIM Chapter. He also continues to serve on the board of directors for the Long Island Commercial Network and the Greater Long Island Running Club. NYSCAR is the New York State Commercial Association of Realtors. Chartered in 1995, the New York State Commercial Association of Realtors is a specialty board of Realtors with statewide jurisdiction. NYSCAR was formed by commercial practitioners who had a vision of a board of Realtors dedicated specifically to commercial issues.
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CRESYN launches sales at boutique six-story development condo

Long Island Cit, NY Acre NY Realty has launched sales of CRESYN, a six-story boutique condominium at 37-28 Crescent St. Developed by ZD Jasper Realty and Winspire Development, with architecture by Lemay Architecture, D.P.C., the project introduces 39 refined residences designed around privacy, calm, and modern urban living.
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Columns and Thought Leadership
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
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,