News: Brokerage

REBNY Brooklyn brokers present $2,500 to The Caring Community

The Real Estate Board of New York's (REBNY) Brooklyn residential members presented a $2,500 check to a Brooklyn homeless organization. The 2007 grant recipient was "The Caring Community." The Caring Community does extensive work with senior citizens, hot meals for the indigent and a social housing action program. The tradition of giving to fellow New Yorkers needing shelter has been the focus of the REBNY Deal of the Year Gala for 20 years. As of 2007, REBNY has raised and distributed over $1 million to homeless NYC charities. Other 2007 grant recipients were: Capuchin Food Pantry, The Intrepid Fallen Heroes Fund, The Partnership for the Homeless, Goddard Riverside, The Neighborhood Coalition for Shelter, The Bridge Fund for New York. Diane Ramirez of Halstead Property and co-chair of The Deal of the Year Committee; Arthur Makar (check in hand) of The Caring Community; David Perry of The Clarett Group and Michael Moran of Prudential Douglas Elliman.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
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