News: Brokerage

REBNY supports Luxury Living: New York Condo Showcase; Hosted by the New York Observer

On March 30th, a crowd of 2,256 prospective homebuyers, real estate brokers, and developers attended Luxury Living: New York Condo Showcase in Soho's Puck Building, presented by the New York Observer. The Observer will also host a second Luxury Living: New York Condo Showcase in the fall. The event featured 40 properties including: One Hanson Place, 80 Metropolitan, Forte, One Brooklyn Bridge Park, The Edge, Toren, Northside Piers, The View at EastCoast, 99 John St., The Visionaire, Sixty Beach, 45 John St., 25 Broad Street, Fifteen Madison Sq. North, 34 Leonard St., Morgan Court, The Sky House, Sheffield57, The 505 HK, Platinum, The Laurel, The Brompton, Mirada, Century Tower, Azure, 255 East 74th St., 995 5th Ave., The Lucida, 535 West End Ave., The Rushmore, Ariel, Avonova, 200 West End Ave., Park Columbus, 150 West 87th St., The Harrison, Solaria, and Latitude. The showcase was supported by the Real Estate Board of New York (REBNY). Reba Miller, president of RP Miller & Associates, served as the industry consultant at the event. Chase Bank, Gracious Home, Pravda, and Ligne Roset supported the event as well. All proceeds went in support of the Coalition for the Homeless.
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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
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.
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