News: Brokerage

Message from the NYSCAR president: Meeting highlights - by Guy Blake

NYSCAR’s Board of Governors met at the Desmond Hotel and Conference Center on February 4, 2018 in Albany. Some of the meeting highlights include the following:

Jay Feinberg (left) receives his Realtor of the
Year Award from Robert Strell

Feinberg named Realtor of the Year

During the Board of Governors Meeting on February 4, 2018, Jay Feinberg, managing director of the commercial division for Keller Williams Realty, Orange County, NY was named the recipient of the New York State Commercial Association of Realtors 2017 Realtor of the Year.  The award was presented to Feinberg by Robert Strell, (Western NY Chapter) 2015 Realtor of the Year recipient.

The award is given each year to recognize an outstanding active member of the New York State Commercial Association of Realtors (NYSCAR).  Always willing to lend his support and talents to NYSCAR, Feinberg was recognized for his commitment to excellence and his outstanding efforts on behalf of the New York State Commercial Association of Realtors, Inc. Feinberg serves on the Board of Governors of NYSCAR and has been serving as president of the Hudson Valley Chapter of NYSCAR since 2013, where he has done an excellent job. His untiring efforts are key to keeping the association a leading organization in the commercial real estate industry.

A licensed real estate broker, Feinberg owned Fine Commercial Properties, prior to joining Keller Williams. A graduate of RIT, Feinberg has a Bachelor of Science degree in Business Administration Management. Having completed numerous commercial real estate courses, Feinberg is currently a candidate for the prestigious CCIM designation.

Officers and Governors Installed

New board members installed at February meeting

The following officers were installed on February 4, 2018 by Patrick Reilly, VP of board and member services, NYSAR:  

• President, Guy Blake, CCIM, Newburgh; 

• First vice president, James Walker, CCIM, Glenham; 

• Second vice president, Ed Gallacher, CCIM, Hartford; 

• Treasurer, Dana Crocker, Syracuse; and 

• Secretary, Robert Strell, Buffalo.

The following governors were also installed: Mercedes Brien, Rochester Area Chapter; Robert Giniecki, CCIM, Greater Capital Chapter; Jim Kelly, CCIM, Greater Syracuse; Jerry Norton, CCIM, NYC/Long Island and Jim Knight from the Western NY Chapter. 

Annual Conference Plans Well Underway

Plans for the 17th Annual NYS Commercial Real Estate Conference are well underway under the chairmanship of James Walker, CCIM.  Mark your calendar and plan to attend, June 4-6, 2018 at the Turning Stone Resort & Casino in Verona.  This year the conference is hosted by the New York State Commercial Association of Realtors, the Upstate Chapter of CCIM, the Society of Exchange Counselors and the National Council of Exchangors.  There will be several continuing education classes, a world-class investment marketing session and great networking.

If your company is interested in being a sponsor of the event, go to www.nyscar.org for a sponsor form.  Watch for details coming soon!

Guy Blake, CCIM, is the president of NYSCAR and is an associate real estate broker with Pyramid Brokerage Company, Newburgh, N.Y.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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