News: Brokerage

Grant installed as 2016 president of Upstate Chapter of AI

Albany, NY The Upstate New York Chapter of the Appraisal Institute installed Mark Grant, MAI of Albany as president for 2016. Grant is a vice president for CB Richard Ellis. He has vast experience in the appraisal of a variety of properties for public, institutional and private clients throughout parts of the Northeast. The most recent past president, William Kimball, MAI, of Syracuse presided over the event.  The other 2015 newly installed officers include William Beyerbach, MAI, SRA of Rochester as president-elect; and Philip Coughlin, MAI of Syracuse as treasurer and Stephen Ferrara, SRA of Rochester as secretary. New directors installed were Michael Coles of Elmira and Shawn Riley of Syracuse.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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