News: Brokerage

Platinum Drive Realty's exclusive listing: 6 bedroom custom home at 17 Harvest Drive in Scarsdale

Platinum Drive Realty revealed the exclusive listing of a newly built, two-story family home at 17 Harvest Dr. The 9,000 s/f luxury residential property sits on 3/4 of an acre of land in a cozy residential neighborhood. The home features three patios including a covered porch with outdoor fireplace, three car garage, and spacious backyard with room for a pool. There is also a library and second butler's pantry on the first floor. The second floor has five bedrooms en suite and a huge playroom with back staircase and laundry. The lower level boasts wine storage, a maids' room and full bath, and a vast open space perfect for a game room, gym or additional living space. The home is being built by one of Scarsdale's premier homebuilders, widely lauded for their fine craftsmanship, attention to detail and ability to work with clients to create their dream home. Located in Scarsdale, right off of the Hutchinson River Parkway, 17 Harvest Dr. is ideally located near community recreational facilities, houses of worship and the Scarsdale school district.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

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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
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,

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