News: Brokerage

Meehan of H2M receives N.J. architects license

According to H2M, Daniel Meehan, AIA, CSI has obtained the N.J. architects license and is now a registered architect in three states, N.Y., Penn. and N.J. He will be working on projects for both the N.Y. and N.J. offices for H2M.     He joined H2M in 1998 and is responsible for all phases of architectural and planning projects from design through construction administration. A member of the AIA and the Construction Specifications Institute, he has a bachelor in Architecture Technology from the New York Institute of Technology and associate of arts and science in Construction Technology from the SUNY Farmingdale. "The officers and partners of H2M congratulate Dan in obtaining his N.J. license. Dan will be heading up our New Jersey architectural group as well as assisting with some of his long time New York clients," said John Molloy, P.E. president and CEO of H2M.
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Investment Property Realty Group closes $9.4 million sale of 73 Warren St.

Manhattan, NY Investment Property Realty Group (IPRG) closed the sale of 73 Warren St., a mixed-use building located in the Tribeca section of the city, for $9.4 million. The transaction was negotiated by Adam Lobel, Zack Ziskin,
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Columns and Thought Leadership
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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