News: Brokerage

NYCREW holds Annual Gala; Larijani of UBS Financial receives Empire Award

Queens of the Empire: A highlight of the Annual Gala held by The New York chapter of Commercial Real Estate Women's Network (NYCREW) was the presentation of the Empire Award to Leila Larijani (center), Senior Vice President – Wealth Management of UBS Financial Services, a sponsor of the organization’s annual Global Trends panel, and a member of numerous committees. This singular honor, given for outstanding dedication and service to the chapter and the industry, was founded and sponsored by NYCREW and CREW Network board member Faith Hope Consolo (right), Chairman of Douglas Elliman’s Retail Group. Ms. Consolo also created the Founders Award, a comparable honor from the Association of Real Estate Women (AREW), during her term as President. The gala was the last for NYCREW, which will merge with AREW to form CREW New York in 2015, but the newly combined organization will present both the Empire and Founders Awards next year to recognize the achievements of its members. Pictured, from left: NYCREW past President Karen Dome, Senior Associate at Marcus & Millichap, who presented the award; Larijani; Consolo. (Photo credit: onefinedayphotographers.com)
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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.
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
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
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,