News: Brokerage

Rappaport named senior managing director of restaurant and retail leasing at Sinvin Real Estate

Sinvin Real Estate has promoted Steve Rappaport from managing director to senior managing director of restaurant and retail leasing. Since joining Sinvin in 2006, he has become a top retail producer. In 2009, with much of the industry dormant, Rappaport closed 13 deals totaling 24,000 s/f, earning him designation as a CoStar Power Broker. In the first half of this year, he completed 10 retail transactions accounting for 22,000 s/f. Most recently, Rappaport positioned a flagship store of 3,900 s/f for one of his exclusive clients, the German bread baker, Landbrot, in a freestanding two-story building at 137 Seventh Ave. South. Satellite spaces for the rollout of this bakery café are currently being negotiated. Rappaport ran two retail businesses of his own in downtown Manhattan: a leather goods business, Original Leather, for 30 years, and an ice cream business, Mary's Dairy, for three years. After completing school, he spent four years on Wall St., working first at the New York Stock Exchange and then as a stock trader at Oppenheimer and Company. He spent the early 1970s traveling in Afghanistan, Crete, and California, and driving a taxi in Manhattan. He opened his first store in 1975.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,

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.
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