News: Brokerage

Professional Profile: Michael Hernandez, 2014

Name: Michael Hernandez Title: Senior Associate Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: New York, N.Y. Education: B.S. in Business Administration - SUNY Potsdam First job outside of real estate: Porter at Chelsea Market, age 14 First job in real estate or allied field: TerraCRG What do you do now and what are you planning for the future? Currently, I am part of the TerraCRG team where we focus solely on Brooklyn commercial real estate transactions. My plan is to continue with TerraCRG's growth as we become synonymous with Brooklyn itself. How do you unwind from a busy day in real estate? Hit the gym Favorite book or author: "The Great Gatsby" Favorite movie: "The Dark Knight" and "I Love You, Man" Last song you downloaded? "Love Never Felt So Good" by Michael Jackson and Justin Timberlake One word to describe your work environment: Active Rules to live by in business: Don't count your chickens before they hatch. If you could invite one person to dinner (living or dead) who would it be and where would you go? I would invite Arnold Schwarzenegger to dinner at The Old Homestead Steakhouse. What is your dream job? Disney cartoon villain.
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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,

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
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
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,