News: Brokerage

Q & A with Glassman of Property Buyers Group

The NYREJ recently sat down with Adam Glassman, a principal at Property Buyers Group, for a question and answer session. Q: Describe how you chose your profession and how you have succeeded in this industry? A: I just got tired of working for other people and doing the same old grind day after day. So after close to 20 years in the catering and hotel business I said I am done working for the man. I always loved HGTV and all those other real estate shows and said that's what I want to do. I have succeeded but not exactly where I want to be. I have a lot of thoughts in my head everyday and still have a lot to accomplish. Q: What is your proudest accomplishment? A: Getting married! Is that a bad thing to say? Q: Describe something exciting that just happened at your company. A: We just brokered a deal on 111 Clarkson in Brooklyn. It has a lot of history and an owner with an emotional attachment. Q: If you could use one word to describe your work environment, what would it be? A: Do you what you want but get the job done. Q: What is the best advice you have ever received? A: Don't eat yellow snow...just kidding. I would say "There are never problems, only solutions." Q: Rules to live by in business: A: Always be closing and don't burn bridges, honesty. Adam Glassman is a principal at Property Buyers Group, New York, N.Y.
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AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
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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.
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
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,