News: Brokerage

Professional Profile: Ron Lo Russo 2013

Name: Ron Lo Russo Title: President, New York Tri-State Region Company: Cushman & Wakefield Location: 1290 Avenue of the Americas, N.Y.C. Birthplace: Englewood Cliffs, NJ Education: NYU Stern School of Business (MBA); NYU Law School (JD) First job outside of real estate: Internal M&A at Prudential Investments in Newark, NJ First job in real estate or allied field: Director of Leasing for Vornado Realty and Trust What do you do now and what are you planning for the future? Current Role: I currently coordinate brokerage activities within Cushman & Wakefield's comprehensive global platform of services and directly oversee all brokerage operations in the nine regional offices throughout New York, New Jersey and Connecticut. As a key member of our U.S. executive management team, I am primarily responsible for driving growth in the New York region. Future Role: Depends on how long it takes me to finish doing this. Ask me again later. How do you unwind from a busy day in real estate? I spend as much time with my wife and kids as I possibly can—they keep me grounded and balanced. Favorite book or author: "A Separate Peace," by John Knowles Favorite movie: "The Godfather(s) I and II" Last song you purchased/downloaded? Probably something by Bob Marley One word to describe your work environment: Dynamic Rules to live by in business: Work hard and be honest. If you could invite one person to dinner (living or dead) who would it be and where would you go? My wife—I never get to see her. Anywhere she wants. What is your dream job? You're looking at it—I love what I do!
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Columns and Thought Leadership
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
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