News: Brokerage

REBNY applauds JPMorgan Chase and Brookfield Renewable

New York, NY Following JPMorgan Chase and Brookfield Renewable statements regarding a new agreement to supply over 500 of JPMorgan Chase’s New York offices and branches with 100% renewable energy, REBNY president James Whelan released the following statement: 

“We applaud JPMorgan Chase and Brookfield Renewable on their joint initiative, which will account for 90% of the bank’s energy needs in New York State over the next five years and will help JPMorgan Chase realize its goal of sourcing 100 percent of its global operations with renewable energy by the end of this year. New York’s real estate industry is committed to significantly reducing carbon emissions in the fight against climate change, and access to renewable energy sources, especially Downstate, is the key to reaching our environmental goals.”

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Columns and Thought Leadership
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,

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