Greenbaum of GCP Capital Group arranges $11 million

Yonkers, NY GCP Capital Group LLC has arranged $11 million for a three-story and eight-story multifamily apartment building containing 89 units. Paul Greenbaum, managing member of GCP Capital Group, arranged the financing.

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People’s Arc of Suffolk signed at 10-year lease 59 Sunrise Hwy East Islip, NY

East Islip, NY People’s Arc of Suffolk has signed a 10-year lease for a 4,000 s/f freestanding retail/office building at 59 Sunrise Hwy. The property

The Malin signs long-term lease for entire floor at GFP Real Estate’s 10 Astor Place

The Malin signs long-term lease at GFP’s 10 Astor Place

NYSCAR June 2026 president’s message - by Mercedes Brien

SL Green Realty sells 10 East 53rd St. for $312.2 million to Meadow Partners

Grassi signs 41,000 s/f lease renewal at 50 Jericho Quadrangle

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Delisle and Monahan of Island Associates negotiate long-term lease extensions for two tenants at BrentCity Shopping Center

Columns and Thought Leadership

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.

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

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

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,