News: Brokerage

Mc Gowan of Mc Gowan Builders honored by Big Brothers Big Sisters for his role in developing the Loretta Mc Gowan Foundation

Patrick Mc Gowan of Mc Gowan Builders, Inc. was honored at the Northern N.J. Big Brothers Big Sisters awards ceremony on May 19 at the Hanover Marriott. Mc Gowan was honored for his role in developing the Loretta Mc Gowan Foundation. In addition to Mc Gowan, the Northern N.J. Big Brothers Big Sisters also honored their corporate and community partners. The Loretta Mc Gowan Foundation, a non-profit organization with 501c3 status, was formed in 2007 to help foster education and research on Down Syndrome. The contributions raised thus far have been put towards bettering the foundation of educating and assistance to persons with Down Syndrome. In addition to creating a scholarship fund for students pursuing Special Education Degrees, some of The Loretta Mc Gowan Foundation efforts have also facilitated the Stepping Stones School of Livingston NJ, the Sisters La Sagesse / Cregg House Services in Sligo, Ireland, and the Irish Guide Dogs for The Blind. For more info, visit www.arcessex.org (Services & Programs Children Services). Mc Gowan Builders is a full-service general contracting and construction management firm based in East Rutherford, N.J., with regional offices in New York, Florida and Chicago. For a decade, Mc Gowan Builders has provided construction services to commercial and institutional clients, delivering projects for some of the most prominent firms and organizations in the nation, including Continental Airlines, Sheraton Hotels, JP Morgan Chase, and Macys. The firm provides assistance throughout all phases of complex construction projects, from the initial consultation to the final closeout. Mc Gowan Builders has earned a reputation for excellence through attention to detail, professionalism and over 30 years of construction experience. The firm's website can be found at www.mcgowanbuilders.com.
MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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
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