News: Brokerage

Manhattan House offering plan declared effective

According to O'Connor Capital Partners, the Real Estate Finance Bureau of the state of New York Office of the Attorney General has declared Manhattan House's (200 East 66th St.) offering plan effective. The attorney general has accepted for filing an amendment to the offering which authorizes formation of the condominium. Closing on residences under contract will therefore commence shortly. Manhattan House is Manhattan's premier condominium conversion project. This historic landmark was designed by Gordon Bunshaft of Skidmore, Owings & Merrill in 1952 and is being restored to its stunning modern grandeur by SOM and a team of interior designers. Located on New York's Upper East Side, this grand Modernist icon offers expansive, family-sized condominiums and spacious pied-a-terres, along with one of the largest private residential gardens in the city. O'Connor Capital Partners, founded in 1983, is a privately held real estate investment and development firm.   The firm is headquartered in New York with regional offices in Mexico City and Los Angeles.  O'Connor Capital Partners is focused on principal investing through private equity funds, and concentrates its efforts on direct investments in high-quality assets in major North American metropolitan markets. Notable New York Metro projects include The Westchester in White Plains, Menlo Park Mall in New Jersey and Parkchester in the Bronx.  O'Connor has participated in the development of high-end residential projects in most of the major cities in the U.S. and Mexico.  Since inception, the firm has acquired or developed more than $15 billion of property on behalf of various investment funds, institutional clients, and its own account, encompassing all major property types.  
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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,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

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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

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