News: Brokerage

Reckson/SL Green receives green business certification

Reckson, a division of SL Green Realty Corp. has received a green business certification through Westchester Green Business-Certified (WGB-Certified), a program launched by Westchester County and The Business Council of Westchester. The WGB-Certified designation is significant. It purports to support Westchester-based organizations "go green" while saving money and improving performance. Reckson/SL Green has been a leading program sponsor since 2010. Through collaboration and "peer-learning," WGB-Certified participants develop all aspects of sustainable business practices addressing energy, transportation, waste management, land use, water and carbon footprint analysis. "Reckson/SL Green is pleased to be one of Westchester's first companies to achieve this environmental award, recognizing the caliber and success of our environmental initiatives," said John Barnes, Reckson senior vice president and managing director. "Our sustainable initiatives have become a successful tool for our business, achieved through our commitment to invest in greater efficiency, provide a "best- in-class" experience for our tenants and lead the way for our industry and community here in Westchester."
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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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent