News: Brokerage

Mojo Stumer to design office renovations for Mack Real Estate Group and Related Companies at the Time Warner Building

Mojo Stumer Associates (MSA) is designing the office renovation for Mack Real Estate Group (formerly known as Area Property Investors) in the Time Warner Building, located at 10 Columbus Cir. MSA, at the same time, is also designing the new reception area for the Related Companies' offices to accommodate their office expansion for the new Hudson Yards projects. The two offices share the same floor and adjoin each other. Work on the two spaces has commenced. The completion date is early summer of this year. Both reception areas will utilize similar materials, white marble mahogany, stainless steel, white back-painted glass and custom lighting systems. Although the materials are shared, the offices have two separate atmospheres reflecting the philosophy and function of the two companies.
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Columns and Thought Leadership
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.
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,

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