News: Brokerage

Meet the BMAR Member - Guarino

In 1995, Richard Guarino trained in the armed forces at Fort Sill Okla. Shortly after that, he took his first job in N.Y.C. and learned how to install, maintain, and build a pay phone. In 1999, he began his real estate career at Extreme Realty where he was trained to broker deals by his brother James. After just four years, he was promoted to managing partner of Extreme Realty LLC. In 2009, he joined James Guarino and James Kinsey to found ERG Property Advisors. ERG Property Advisors is now consummating transactions of investment grade property in and around the 5 boroughs. He is the managing director of ERG. He now leads his team of salespeople trading investment property in the Bronx. Guarino also serves on the board at the Bronx Manhattan North Association of Realtors (BMAR) as VP of the Manhattan residential division. For many years he has been volunteering at the Fathers Heart Ministries in Manhattan and he and his wife Jennifer give their time to the local animal shelter near his home in Port Washington. Contact info: Richard Guarino ERG Property Advisors 20 West 20th St., Suite 703, New York, N.Y. 10011 Tel. (646) 253-0909 Fax: (212) 807-0534 Email: [email protected] Website: www.ergpa.com
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,