Ground breaking held for the Sycamore Village

Mayor Byron Brown was recently joined by community leaders, elected officials and others to officially break ground on the Sycamore Village neighborhood. The plan for the new Sycamore Village is a pedestrian friendly, park-like community of 24 new homes, 20 market rate homes, and four low to moderate-income units. Remediation efforts at Sycamore Village included the demolition of three existing structures, and NYS contributed over $1 million to the remediation of the Sycamore Village site. Road and infrastructure work at the site is close to completion, including Sydni Ln. The first phase of construction has started and is expected to be completed in the spring of 2008.

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Marcus & Millichap brokers $16.25 million sale of Ponce Bank flagship headquarters in the Bronx

Bronx, NY Marcus & Millichap negotiated the sale of a net-leased bank property occupied by Ponce Bank. The asset sold for $16.25 million. “This property drew tremendous interest as it was a

Williams Equities leases 100,000 s/f at 470 Park Avenue South

AEBOV Commercial Real Estate Brokerage sells 9,000 s/f parking lot at 616-622 Courtlandt Ave. for $3.45 million

AEBOV sells 9,000 s/f parking lot in the Bronx for $3.45m

SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds

NYREJ 2026 Ones to Watch: Innovators in Commercial Real Estate Participation Options

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Salvadori Center’s 2026 benefit raises over $650,000 to expand STEAM education across NYC and Pennsylvania

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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 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