News: Brokerage

Professional Profile: Abraham Bergman, 2014

Name: Abraham Bergman Title: Co-Founder and Managing Partner Company: Eastern Union Funding Location: Brooklyn, N.Y. Birthplace: Brooklyn, N.Y. Education: Bachelor's in Accounting from Touro College, masters of Business Administration from Baruch College. First job outside of real estate: I never did anything outside of real estate. First job in real estate or allied field: I was project manager on a 240 acre deluxe summer camp in Monticello, N.Y. What do you do now and what are you planning for the future? Right now I'm a partner at the country's second largest by transaction privately-held mortgage company. I plan on doing the same thing for rest on my life unless we become the largest. In which case I will continue to do what I do now, for the largest privately-held mortgage company. How do you unwind from a busy day in real estate? I catch up on my emails that I still have to respond to, and I cook. Favorite book or author: "How to Win Friends and Influence People" by Dale Carnegie One word to describe your work environment: Exciting. Rules to live by in business: Be honest with yourself; be honest with your customers. If you could invite one person to dinner (living or dead) who would it be and where would you go? Paul Reichmann - somewhere quiet. He built Battery Park City everything that I've read about the man describes not only a visionary, but someone who actually built and developed what he envisioned and at the same time remained connected to the average person. What is your dream job? I have my dream job.
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.
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Columns and Thought Leadership
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
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,