News: Brokerage

HOK NY promotes three executives: Korsh, Laul and Vandezande

HOK NY has promoted three executives: * Christopher Korsh was promoted to senior principal. Korsh is the regional healthcare practice leader in HOK's N.Y. office. He is responsible for the management and marketing for N.Y.'s healthcare practice, as well as the operations for all practices in N.Y. * Christopher Laul was promoted to senior principal. At age 39, he becomes the youngest senior principal in the history of HOK NY. Laul is responsible for the strategic direction of all marketing, business development, and public relations activity for the N.Y. metropolitan region. * James Vandezande was promoted to principal. He is the firm-wide director of HOK's buildingSMART practice, HOK's service group that oversees the implementation and advanced use of building information modeling (BIM), which coupled with other powerful new software tools, allows HOK to deliver projects better and faster than ever. He is the author of Mastering Autodesk Revit Architecture 2011 and is a thought leader in building technology software. HOK is a global provider of planning, design and delivery solutions for the built environment. Since the firm's founding in 1955, HOK has developed into one of the world's largest, most diverse and respected design practices. We employ more than 1,800 professionals linked across a global network of 25 offices on three continents. Industry surveys consistently rank HOK among the leading firms in numerous building types, specialties and regions, and we have earned many awards and honors for our projects, people and practice.
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Columns and Thought Leadership
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,

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.