News: Brokerage

New Destiny Housing Corp. to host Annual Cocktail Benefit Mar. 5

On Wednesday, March 5, New Destiny Housing Corp. will host its Annual Cocktail Benefit at the New York Athletic Club (180 Central Park South) from 6 to 8 p.m. The honorees are Deborah Van Amerongen, commissioner, NYS Division of Housing and Community Renewal; Scott Stringer, Manhattan borough president; Maurice Vaughn, managing director, Omni New York LLC and Albert Butzel, New Destiny board member. "New Destiny is fortunate to be honoring four individuals who have made a substantial contribution to the expansion and preservation of affordable housing in New York City," said executive director Carol Corden. Tickets are $200 for individuals and $125 for government/non-profits. For additional information, please call Maria Franco at 646-472-0262 ext. 10 or via email at [email protected]. New Destiny Housing Corp. promotes the long-term security and stability of low-income families at risk of domestic violence and homelessness by providing housing and services. New Destiny builds service-enriched housing; provides programs to help victims of violence become and remain stably housed; and advocates to increase the permanent housing resources available to New York City's low-income families.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their