News: Brokerage

Front & York opens first Life Time athletic resort in Brooklyn

Brooklyn, NY Front & York is now home to a Life Time athletic and wellness club. Spanning 77,000 s/f, the three-story club is also the largest Life Time location in all of New York City.
Life Time DUMBO, which just opened inside Front & York, features six studios for fitness classes, a 6-lane lap pool, basketball court, Kids Academy, LifeCafe — a fast-casual cafe serving healthy, fresh-made meals, nutritional products and supplements — and LifeSpa, a full-service salon and spa. Studios offer more than 100 group classes weekly, including barre, cardio and strength, indoor cycling, Pilates, and yoga.
Residents of Front & York receive exclusive benefits at the athletic lifestyle resort. Each residence of Front & York receives one complimentary membership to Life Time DUMBO.
The incredible wellness destination adds an exciting amenity for those living at Front & York, which is already home to one of the biggest amenity collections in NYC, including a rooftop pool, coffee lounge, music studio, wine room, heated outdoor screening lounge and more.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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