News: Brokerage

Message from the Founder: Footprints in your heart

I received via email recently from my good friend Carl Barron. I thought it had great meaning and I wanted to pass it along to all of the Journal readers. Many people will walk in and out of your life. But only true friends will leave footprints in your heart. To handle yourself, use your head; to handle others, use your heart. Anger is only one letter short of danger. If someone betrays you once, it is his fault. If he betrays you twice, it is your fault. Great minds discuss ideas; average minds discuss events; small minds discuss people. He who loses money, loses much; He who loses a friend, loses much more: He who loses faith loses all. Beautiful young people are accidents of nature, but beautiful old people are works of art. Learn from the mistakes of others. You can't live long enough to make them all yourself. Friends, you and me...You brought another friend...And then there were three. We started our group...Our circle of friends...There is no beginning or end. Yesterday is history. Tomorrow is mystery. Today is a gift. That's why it's called the present- By Eleanor Roosevelt. I hope you all enjoyed this as much as I did. Cut it out and hang it on your bulletin board. Good health to all... Roland Hopkins Sr. is the founder of the New York Real Estate Journal, Norwell, Mass.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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Columns and Thought Leadership
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
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 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
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.