News: Brokerage

Professional Profile: William "Bill" McCollum, 2013

Name: William "Bill" McCollum Title: Managing Director Company: Prime Manhattan Realty Location: 11 West 20th St., New York, N.Y. 10011 Birthplace: Brooklyn, N.Y. Education: Central High, Philadelphia, PA; Temple University, Philadelphia, PA First job outside of real estate: U.S. Postal Service First job in real estate or allied field: Stursberg & Fein commercial mortgage brokers - Philadelphia, PA What do you do now and what are you planning for the future? Commercial leasing agent. Continue servicing clients happily until its fishing time! How do you unwind from a busy day in real estate? Cook a good dinner and watch a good movie! Favorite book or author: "Atlas Shrugged" by Ayn Rand Favorite movie: Two movies! "Stuck Between Stations" and "Django" Last song you downloaded? "Landslide" by Smashing Pumpkins One word to describe your work environment: Energized! Rules to live by in business: Always show clients that your customer service skills are equally important and as well-honed as your market & industry knowledge. If you could invite one person to dinner (living or dead) who would it be and where would you go? My father..If only I could! Ocean Grill on Columbus What is your dream job? Real dream? Commercial office leasing! Daydream? Singer/songwriter.
MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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