News: Brokerage

Five tips for being a successful realtor to the stars

The following are five tips for being a successful realtor to the stars: 1. Anonymity and confidentiality are the most important things. Don't tell anyone, especially the press, what celebrity/celebrities you're currently representing and where they are actively seeking a residence. Loose lips will kill your reputation while silence will build your reputation as someone who can be trusted. 2. Don't presume because you've seen a celebrity on TV that you know who they are and what they want. They key to learning this information is to talk to their personal assistants, agents, and manager - people know them very well. 3. When actively seeking a residence for a celebrity, don't be star struck. Don't ask for autographs, don't take selfies with them, and don't ask for gossip about their personal lives. Doing this will make them very uncomfortable and will ensure a very brief working relationship. 4. Be nice and feed their ego but, don't over feed their ego. A celebrity is looking to you for guidance and expertise. If the celebrity is looking for constant praise, they'll read their fan mail. 5. Be relaxed and be yourself. Don't oversell yourself to them and don't brag about all your accomplishments. If they came to you in the first place, they already are aware that you are very good at what you do. The more relaxed around them that you are, the more the relaxed they will be and the more likely you can develop a long term relationship with them. Pej Barlavi is CEO of Barlavi Realty LLC, New York, N.Y.
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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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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,

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