News: Brokerage

Professional Profile: Joseph Cohen 2012

Name: Joseph Cohen Title: Co-Managing Member Company: East River Partners LLC Location: New York City Place of birth: New Haven, CT Family: Married to a beautiful wife from Australia with a baby on the way. College: Yale University; Harvard Business School First job unrelated to your current field: Working for the painter's union in New Haven during a summer in high school. First job in your current field: My first job after college was with Jonathan Rose Cos., where I learned to partner with communities to develop complex projects. My first exposure to real estate was an internship the previous summer while I was in college with Related Capital (now Centerline) doing affordable housing finance. What your firm does now and its plans for the future? We currently have several residential condo conversions and rental projects under way in Brooklyn and Manhattan. We recently raised a discretionary fund - ERP Fund I - and are aggressively looking for $5-$50 million residential projects in NYC where we can rehab existing properties or develop ground-up. Hobbies: Squash, cycling, education reform Favorite film: I just saw Life is Beautiful, which I loved. I also have always liked Big Fish, a Tim Burton movie. Favorite novel: "The Trial" by Franz Kafka. Keys to success: Building a business for the long term takes patience. If you had to choose a different profession, what would it be? Public service or government.
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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,

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
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