News: Brokerage

Michael Levy, President - Grand Lux Realty, Inc.

Name: Michael Levy Title: President Company: Grand Lux Realty Inc. Location: Armonk, N.Y. Birthplace: Los Angeles, Calif. Family: Wife, daughter and son College: Clemson University, S.C. and New York University - Real Estate and Construction Management First job in real estate or allied field: Helmsley-Spear, Inc., leases office space in Manhattan. After attending NYU we started building and managing shopping centers, office complexes and apartment complexes. Currently we operate a real estate brokerage firm with a commercial and residential division. Also own GLR Management which manages properties in Westchester County. Hobbies: Skiing and cycling Person you admire most (outside of family): Lance Armstrong Keys to success: Hard work, developing a strong team If you had to choose another vocation what would it be? I love the real estate business.
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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
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
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,

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,