News: Brokerage

Glenwood's Barclay Tower 100% leased

According to Glenwood, developer, owner and manager of rentals, it has leased 100% of the residences at Barclay Tower, located at 10 Barclay St. just west of Broadway. The newest building, one of three properties that Glenwood owns downtown, is within the Tribeca neighborhood. Barclay Tower, with 396 units, offers amenities including a lobby with a 24-hour doorman. In addition, there is a fitness center with a yoga/stretching room, a 50-ft. lap swimming pool, whirlpool spa, and a children's playroom. The property has one, two and three-bedroom apartments and no more than nine apartments per floor. For over four decades, Glenwood has been dedicated to improving and enriching the "quality of life" offered in each of its Manhattan rental buildings. Locations, amenities, lobbies, and services are benchmark qualities that have become synonymous with the Glenwood name. The continuity established as owner, builder and manager for each of its properties has garnered Glenwood accolades as one of the leader in its field. They continue to maintain their status in the industry by providing the highest standards of living for their residents. Innovative design, superior construction and meticulous supervision of building personnel distinguish all Glenwood residences.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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
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.