News: Brokerage

Hudson Valley NYSCAR chapter and S.E.C. to hold commercial education and marketing session April 21-22

The New York State Commercial Association of Realtors, Inc. (NYSCAR), in cooperation with the Hudson Valley NYSCAR chapter and the Society of Exchange Counselors (S.E.C.) will hold a commercial education and marketing session on April 21 and April 22 at the Hotel Sierra, 100 Westgate Business Center Dr. Education Day, April 21 "Creative Real Estate Formulas" will feature 7.5 hours CE credit pending. The instructor is Charles Sutherland, S.E.C., a commercial real estate investor and developer based in Dallas, Tex. The event will run from 9 a.m. to 5 p.m. Deal Making Day, April 22 The marketing session and networking portion of the event will take place from 9:30 a.m. to 5 p.m. For more information about the event, contact Nancy Meyer of Pyramid Brokerage at (845) 522-5900 or [email protected]. You may also contact James Walker, Hudson Valley NYSCAR chapter president at (8445) 849-5102 or at [email protected].
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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,