Houlihan and Greenspan of Houlihan Parnes place $2 million mortgage

James Houlihan and Andy Greenspan of Houlihan-Parnes Realtors, LLC placed a new first mortgage in the amount of $2 million on a four-story office building located at 12 Water St. The property is located one block from the White Plains Train Station. The building is leased by Con Edison who is currently completing an environmental clean up on the site. Elizabeth Smith of Goldberg Weprin Finkel Goldstein, LLP was the attorney who represented the borrower. The title was insured by John Martin of All New York Title.

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Lee & Associates NYC completes $7.5 million land acquisition for Sunrise Senior Living Community in Oceanside

Oceanside, NY Lee & Associates NYC completed the $7.5 million acquisition of a 2.84-acre development site at 374 Atlantic Ave. on behalf of Sunrise Senior Living, bringing to a close a

Resolution Real Estate arranges full-floor office for Looking Glass Psychology at 271 Madison Ave.

Resolution R.E. arranges office lease for Looking Glass Psychology at 271 Madison Ave.

King and Slattery of Lee & Associates NYC arrange 5,250 s/f office lease for Roux at 14 Penn Plaza

Lee & Associates NYC arranges 5,250 s/f office lease for Roux

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

REALM, DelShah Capital and A.M. Props. acquire CitySpire

Atlantic Capital Partners sells 893 Bdwy. 25,442 s/f office/retail building for $31 million

Atlantic Cap. Ptrs. sells 893 Bdwy. 25,442 s/f office/retail bldg. - $31m

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TerraCRG arranges $8.575 million sale of 9,084 s/f restaurant/beer garden

Columns and Thought Leadership

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