News: Brokerage

Professional Profile: Gerard Kells, 2014

Name: Gerard Kells Title: Wholesale Account Executive Company: Equity Prime Location: Syracuse, N.Y. Birthplace: S. Kingston, R.I. Education: SUNY Cortland Economics First job outside of real estate: Municipal Bond Trader First job in real estate or allied field: Secondary Market Manager What do you do know and what are you planning for the future? Wholesale mortgage rep, retire. How do you unwind from a busy day in real estate? Fly fishing, cooking Favorite book or author: John D. MacDonald, Eckhart Tolle Favorite movie: "The Outlaw Josey Wales" Last song you downloaded: "Happy" by Pharrell Williams One word to describe your work environment: Stressful. Rules to live by in business: Your word is your bond. If you could invite one person to dinner (living or dead) who would it be and where would you go? My dad. What is your dream job? Fishing guide.
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Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent