News: Brokerage

Realty USA hosts CIREB's Sept. marketing session in Rensselar

CIREB's Sept. marketing session was held at the Rensselaer Train Station and featured deLaet's Landing. Listed by Realty USA, it is a new mixed-use development on the Hudson River. Scheduled to begin construction in the spring of 2010, it will be built in phases, with the first phase comprising 200 new residential units, 40,000 s/f of retail, and the creation of the new harbor and pier. Upcoming marketing sessions: * Thursday, Oct. 1 hosted by CBRE/Albany at 1 Racemark Way, Malta. * Thursday, Nov. 5 hosted by Albany Management at 41 State St. * Thursday, Dec. 3 hosted by Windsor Development. CIREB welcomes the following new members: Broker membership: Jennifer Brandolino, NY's Real Estate Connection; and Jim Villasenor, Bethlehem Realty Assoc. * Associate membership: Leah Capobianco, Conley Realty; Janice Cotton, Tech Valley Homes; Mary Cox, Pyramid Brokerage; and Richard Curri, Conley Realty. CIREB is an organization of real estate professionals who broker the sale, lease and/or exchange of commercial properties. The goal of CIREB is to represent the common interests of its members and at the same time allow its clients the benefit and experience of over 500 commercial specialists working together. CIREB's membership includes brokers, agents, property managers, developers, appraisers, attorneys, developers, economic development agencies and financial institutions actively engaged in the business of commercial real estate. Established in 1967, CIREB maintains the country's oldest and most advanced commercial multiple listing service (MLS). Visit www.CIREB.com for more information.
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
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 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.
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