News: Brokerage

President's message: 7th annual Commercial R.E. conference - June 16-18

I am pleased to announce that the Seventh Annual New York State Commercial Real Estate Conference will be held June 16-18, 2008 at the Turning Stone Resort and Casino in Verona, New York. The conference is sponsored by the New York State Commercial Association of Realtors the New York State Chapters of CCIM and SIOR and the Society of Exchange Counselors. Please mark these dates on your calendar and plan to attend! There will be several timely continuing education programs offered for commercial practitioners. The conference will offer topnotch speakers, a marketing session with attendees from across the country, and world-class golfing. This conference has become the best networking event of the year! We look forward to seeing you there. As the new year begins, I want to remind all Realtors that you are required to complete 2.5 hours of Code of Ethics training between January 1, 2005 and December 31, 2008. The NYS Association of Realtors is offering a full day program which qualifies for 6 hours of NYS continuing education credit and satisfies theNational Association of Realtors mandatory ethics training for existing members. (You may also take the course on-line at www.realtor.org) Code of Ethics & Professional Standards Procedures Training Dates: (For the following programs, please call the NYSAR office to register at 518-463-0300). January 24-Hilton Garden Inn, 35 Arnot Rd., Horseheads; January 25-Doubletree Hotel Syracuse, 6301 Route 298, East Syracuse; February 14-Buffalo Marriott, 1340 Millersport Highway, Amherst; February 15-Rochester Marriott, 1890 West Ridge Road, Rochester; February 27-Lake Placid Hilton, One MirrorLake Dr., Lake Placid; February 29-Albany Marriott, 189 Wolf Road, Albany; March 13-Westchester Marriott, 67 White Plains Road, Tarrytown. The course will also be held in Brooklyn, Long Island and Staten Island. If you would like to take any of the seminars, you must contact the board directly: Brooklyn Board-January 10, 718-253-8815; Long Island Board, January15 & 16, 631-661-4800; Staten Island Board-January 17, 718-928-3225. Session Topics: Update on Professional Standards, Code of Ethics and Enforcement Procedures; The Role of the Grievance Committee; The Role of the Professional Standards Committee; The Role of the Board of Directors; Get Your Questions Answered. Tuition: $80 per person, includes course materials, continental breakfast, refreshment breaks, lunch, NAR Code of Ethics & Arbitration Manual and 6 hours of continuing education credit. (There is a $25 late fee that will be charged if registering less than 10 days prior to the session) David Dworkin is 2007 president, of NYSCAR, Albany, N.Y.
MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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.
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