News: Brokerage

Meet the BMAR Member - David Miller

David Miller serves as vice president, Webster Lock Co. Inc. , where he began his career in 1995. At Webster Lock Co., Miller oversees all facets of the organization and has led Webster Lock Co. to achieve sustained success as the leading security related distributor and manufacturer in the Bronx. As vice president of operations, Miller is responsible for over 35 radio-dispatched vehicles serving residential and commercial clients throughout the New York Metro area. Throughout his tenure at Webster Lock, he has expanded lines of business and tripled annual sales. Miller graduated from Ithaca College and also attended Universidad Autonoma de Madrid. He also serves as a member of several industry related associations, including: Associated Locksmiths of America, Inc., New York Master Locksmiths, and EANYC - Executives Association of New York City. His active engagement allows Miller to share relevant, up-to-date industry information about security technology amongst peers and has enabled him to leverage numerous business relationships. Working as a consultant in the industry, he is dedicated to advancing learning related to security technology and contributing to the security of both commercial and residential clients. Miller serves on the Board for multiple charities, including: Community Mainstreaming Association; Albert Einstein College of Medicine-Men's Division; Bronx Historical Society; and the Cystic Fibrosis Foundation of America. David Miller * Webster Lock Co., Inc. 2471 Webster Avenue, Bronx, N.Y. 10458 Tel. (718) 733-2220 [email protected] * www.websterlock.com
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Columns and Thought Leadership
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.
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

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