News: Brokerage

Lavelle installed as president of NYSCAR

John Lavelle, associate broker, commercial of RJ Smith Realty, Pine Bush, was installed as president of the New York State Commercial Association of Realtors (NYSCAR) during the February 9th meeting of the NYSCAR board of governors held at the Desmond Hotel. Lavelle served as vice president (2012-2013), treasurer (2010-2011) and secretary (2009-2010) of NYSCAR and was honored with the Association's Realtor of the Year Award in 2009. He also served as chairman of the New York State Commercial Real Estate Conference, a joint conference for real estate professionals, hosted by the New York State Commercial Association of Realtors, SIOR (Society of Industrial and Office Realtors), CCIM (Certified Commercial Investment Member) and SEC (The Society of Exchange Counselors). Lavelle is a key executive with team RJ Commercial, which closes in excess of $100+ million a year in the sale of residential, commercial and investment real estate. RJ Commercial is a full service brokerage which includes assisting clients with municipal review process, assistance in the receipt of economic development incentives, coordination with key public officials, Industrial and land development and commercial sales and leasing are a primary focus. A CCIM Candidate (Certified Commercial Investment Member), Lavelle is also a member of the Orange County Association of Realtors, the New York State Association of Realtors, National Association of Realtors, Orange County Chamber of Commerce, Orange County Partnership, Orange County Alliance for Balanced Growth, Sullivan County Partnership for Economic Development Lavelle's published works include "Understanding the Approval Process, A Guide for Applicants" * "Increasing Tax Rateables, A Guide to Balanced Growth" * "Wetlands Remapping: (NYS REALTOR®, Aug. 2012)
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Columns and Thought Leadership
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.
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