News: Brokerage

Platform Realty Group hosts CIREB's April marketing session

CIREB's April marketing session was hosted by Platform Realty Group at 10 Jupiter Ln. 10 Jupiter Ln. for sale at $5 million, offers 138,450 s/f of office/warehouse space with 24' clear ceiling height, parking for 130 cars and sits on 9.76 acres. Platform Realty Group is comprised of 20 experienced professionals including 15 commercial associates with 150 years of combined real estate experience. Their people have been responsible for some of the area's most significant deals, building a remarkable track record of transactions with a combined dollar value of $1 billion. Platform was established in May 2005 at Corporate Woods in Albany. They are dedicated to meeting the needs of the changing upstate real estate market as well as significant industry changes with a renewed dedication to superior customer service. Whether finding a location for a 5,000 s/f warehouse, providing office space for a law firm, relocating a national manufacturing facility or establishing new headquarters for a 500-person national financial service company, Platform strives to produce results that far exceed clients' expectations. Platform's unique strengths emanates from the depth of our commitment to market and product specialization and expertise and the combined capabilities of our professional staff. Platform delivers superior results for clients, meeting and exceeding their commercial real estate needs through a research-based, targeted approach. Guest speakers at the session were Todd Kilburn, president of Precision Industrial Maintenance Services; William Hewes, operations manager of PIM; William Massman, president of Spectrum Environmental Associates: a sister company of PIM; and Robert Ryder, project manager of Martin Environmental.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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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
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,