News: Brokerage

Professional Profile: Raymond Mordekhai 2013

Name: Raymond Mordekhai Title: Principal Broker Company: Forest Park Properties Inc. Location: Floral Park, N.Y. Education: BA from Hofstra University (Political Science) First job outside of real estate: Textile sales in NYC First job in real estate or allied field: Buyer for a major NYC rehab firm What do you do now and what are you planning for the future? We are a full service commercial and investment real estate brokerage. I plan on growing our REO sales and service department. How do you unwind from a busy day in real estate? Spend time with the kids, play a little basketball, pour a Scotch and watch a movie with the wife. Favorite book or author: "The Great Bridge" by David McCullough Favorite movie: Anything by Quentin Tarantino Last song you downloaded? Warren Zevon "Lawyers, Guns, and Money" One word to describe your work environment: Mobile, I spend most of my day in the car. Rules to live by in business: Be honest to a fault, your reputation will be the gift that keeps on giving. If you could invite one person to dinner (living or dead) who would it be and where would you go? Sheldon Adelson to Prime KO (best Kosher restaurant in the city) What is your dream job? Mayor of NYC
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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 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,

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