News: Brokerage

Hemmerdinger to speak at YM/WREA's Nov. 11 meeting

YM/WREA will be holding its monthly meeting on Tuesday, November 11 at The University Club. H. Dale Hemmerdinger, chairman of the Metropolitan Transportation Authority will be the luncheon speaker. The invocation will be given by Kate Coburn, YM/WREA Chairperson 1984. The reception begins at noon and the meeting will be called to order promptly at 12:30 p.m. As a courtesy to this month's speaker, please do not leave prior to the conclusion of the presentation, and please turn off all mobile phones and PDA's before entering the club. Hemmerdinger attended New York University Graduate School, New York University, B.A., 1967 and Riverdale Country School, 1963. Current affiliations include: * President and director of The Hemmerdinger Corp. The Hemmerdinger Corp. is a commercial and residential real estate ownership and development company based in New York City; *President, Atco Properties & Management; *President, Atco Properties Services Corp.; *Board member, Valley National Bank; *Trustee/chairman emeritus, Citizens Budget Commission; *Trustee, NYC Police Foundation; *Secretary/treasurer, NYC Police Foundation; *Executive vice president, Realty Foundation of New York; *Trustee, New York University; *Member, NYU Budget/Finance Committee; *Chair, NYU Alumni Relations Committee; *Member, NYU Library Committee; *Member, NYU Executive Committee; *Partner, New York City Partnership; *Member, Real Estate Board of New York; and *Chairman, Metropolitan Transportation Authority.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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,