News:
Brokerage
Posted: October 28, 2019
Javier of HelmsleySpear passes away at age 72;
A 35-year commercial leasing and sales veteran
HelmsleySpear
New York, NY Jimmy Javier, an assistant vice president at HelmsleySpear, passed away on October 25 at the age of 72.
Javier was an accomplished and highly respected commercial broker with more than 35 years of commercial leasing and sales experience. Over a three and a half decade career he closed hundreds of transactions working with some of the most prominent domestic and international commercial property owners and corporate tenants.
“The entire HelmsleySpear corporate family is saddened to lose one of our most accomplished and treasured colleagues. He was a wonderful member of our team, a great New Yorker, and a dear friend we will miss him greatly,” said Kent Swig, president of HelmsleySpear.
Javier grew up in Manila, Philippines and attended college in Washington, D.C. at George Washington University. Among his many professional accomplishments was the DealMakers award presented by Tishman Speyer Properties. He was a long-ime resident of New York City.
Tags:
Brokerage
MORE FROM Brokerage
Retreat at 490 Wheeler Rd. in Hauppauge
Hauppauge, NY Robert Raffa and Robert Monahan of Island Associates helped to negotiate a long-term lease for Retreat, a non-profit organization located at 490
Quick Hits
Columns and Thought Leadership
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 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.
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 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
