News: Brokerage

Profiles: Lindsay Ornstein, YM/WREA Governor

Name: Lindsay Ornstein Title: Principal Company: Centric Real Estate Advisors Location: 10 E. 53rd St., New York, NY Birthplace and date: New York, May 5th, 1977 Family: Husband Gus, Daughters Maya (age 3), Zoe (age 11 months) College: University of Pennsylvania, Suma Cum Laude First job outside of real estate: Nike Communications, public relations First job in real estate or allied field: Director of marketing, The Staubach Co. What do you do now and what are you planning for the future: Centric is a boutique tenant rep brokerage, consultancy, and advisory firm built on the reputation and experience of the four founding principals. We service clients in N.Y.C., L.I., Westchester and Fairfield County. Our firm is growing and expanding to include investment advisory services, development and asset acquisitions. Hobbies: Reading, cooking, arts & crafts with my kids, sports, travel and anything with my family. Favorite book: "The Count of Monte Cristo" by Alexandre Dumas Favorite movie: "Overboard" and "Juno" Person you admire most (outside of family): My partner, Patrick Robinson for his exceptional moral standards, dedication, altruism and commitment to his family. Keys to success: Organization, relationships, integrity and balance If you had to choose another vocation what would it be? Advertising
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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,

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 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
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.