News: Brokerage

NAI Platform hosts CIREB's June marketing session at 253 Troy Rd.

CIREB's June marketing session, hosted by NAI Platform, was held at 253 Troy Rd. with guest speaker NYS senator Roy McDonald. The building is 209,822 s/f on 73.2 acres with views of the Albany skyline. The main plant area is just over 150,000 s/f with 35'x65' column spacing. The office area consists of just over 32,000 s/f on three floors. There will no marketing session in August. New CIREB members include the following: * Broker membership: Mark Petrie - Re/Max Champions. * Associate membership: Jonathon DiCesare - Realty USA, Shannon Gillson - Conti Appraisal, Laurie Leckonby - The Kinderhook Group, Mathieu Moulin - Coldwell Banker Prime, Shannon Muth - Galesi Group, Chad Perkins - ReMax Champions, and Tyler Phillips - Keller Williams Cap District. Educational update: CCIM 104 will be held at CIREB headquarters from Monday, August 17 - Saturday, August 22. Please register at ccim.com. CIREB holds its monthly marketing sessions on the first Thursday of each month and are free to all CIREB members. Guests may attend these sessions at a cost of $10 per person. If you would like to attend a marketing session or join CIREB, please call Kelly Pierce at (518) 464-0194 or visit www.CIREB.com for more information.
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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,