News: Brokerage

Meet the BMAR Member - Kaye

Lewis Kaye is a premier specialist in commercial and investment property. He has personally converted and sold over 1,000 buildings including townhouses, lofts, condos, and co-ops. His average sale is of $10 million. As a Manhattan native with a bachelors degree and masters degree from NYU, Kaye started his career as a C.P.A and gravitated towards real estate. He personally converted the Century (25 Central Park West), The Schwab House on R.S.D, 215 W. 91st St., 415 W. 55th St., 181 E 73rd St. and 200 Mercer St. (just to name a few). Kaye is a "Broker of Firsts." He did the first conversions of small buildings as featured in HUD Magazine. He put the first flip tax in one of his own conversions to help co-operatives maintain their buildings. A record sale of a castle for $22 million was marketed and sold, the record sale for a co-operative on Fifth Ave., the first real estate database in a bank in New York. As an adjunct professor at NYU, he shared his knowledge with everyone. (Don't be late to his class!) He has been on the board of directors at the New York State Commercial Association of Realtors (NYSCAR) since 1995, and was just elected president of the newly formed NYC commercial board of NYCAR. He was also president of FIABCI, the International Real Estate Federation in USA-NY. Some recent sales include a Brooklyn Waterfront for $17 million, an apartment house for $14 million, a townhouse for $10 million and many townhouses totaling over $25 million. Overseeing over $5 billion in sales, his several decades career prompted CNNFN to feature him on "How To Pick a Real Estate Broker To Sell Your House." (His seminars are standing room only!) Lewis has been a consultant to fortune five hundred companies and the largest investors in Manhattan. (Discreetly, he keeps their names private!) For your premier knowledgeable Manhattan Broker, Kaye can help you make the right choice with your Manhattan real estate needs! Kaye can help you make the right choice! Lewis Kaye * MLBKaye International Realty 641 Lexington Ave. 6th Floor, New York, N.Y. 10022 Tel. (347) 657-9041 * Fax: (212) 489-4736 [email protected] * www.mlbki.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.
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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,

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.
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