News: Brokerage

NYU Schack Institute of Real Estate's Hersch named Distinguished Felow by NAIOP Research Foundation

Barry Hersh, a clinical associate professor at the NYU Schack Institute of Real Estate, a division of the NYU School of Continuing and Professional Studies (NYU-SCPS), has been named a Distinguished Fellow for 2014 by the NAIOP Research Foundation for his exemplary research on environmentally sustainable real estate. NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners, and related professionals in office, industrial, retail, and mixed-use real estate. The Distinguished Fellows program serves as a bridge between industry and academia and is comprised of highly-regarded academicians and industry executives working together to enhance synergy on a number of economic and social issues affecting the industry. As a Distinguished Fellow, Hersh will assist NAIOP in conducting cutting-edge research and in expanding the Association's presence within the academic community. "We congratulate Barry Hersh on this well-deserved honor," said NYU Schack Institute of Real Estate divisional dean Rosemary Scanlon. "I join with the entire Schack faculty to commend Professor Hersh for his longtime efforts in sustainable real estate and brownfield redevelopment. NAIOP has chosen a most experienced and knowledgeable professional as their designee this year." Hersh teaches graduate courses in property development and coordinates the development program at NYU Schack. He has dedicated his academic career to promoting environmentally responsible construction and has advised on local, state, and national projects. In 2012, NAIOP commissioned him to explore the challenges that real estate developers face when tasked with revitalizing contaminated waterfronts or brownfield sites. Hersh compiled his findings and remediation solutions in his study, "The Complexity of Urban Waterfront Redevelopment."
MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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
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,