News: Brokerage

Professional Profile: Steven Nickels, 2014

Name: Steven Nickels Title: Vice President Regional Manager Company: Longley Jones Management Corp. Location: 5000 Campuswood Dr., Suite 100 E. Syracuse, N.Y. Birthplace: Syracuse, N.Y. Education: B.S. Physical Education/Sports Medicine SUNY Brockport First job outside of real estate: Paint Foreman - Longley Jones Management Corp. First job in real estate or allied field: Longley Jones Management Corp. - 1981 What do you do now and what are you planning for the future? Continued success as a Regional Property Manager. How do you unwind from a busy day in real estate? Boating in season, golf, watching sports, projects at my house, church, and family member's houses. Favorite book or author: Mark Twain Favorite movie: "Jermiah Johnson" Last song you downloaded? I listen to Sirius Radio One word to describe your work environment: Energetic Rules to live by in business: Treat everyone fairly, work hard and try to get better at your job everyday. If you could invite one person to dinner (living or dead) who would it be and where would you go? Abe Lincoln and we'd go golfing. What is your dream job? General Manager of any sports team.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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