News: Brokerage

Remember when? February 28, 1990

Recently, congressman Robert Torricelli (D-NJ) joined commercial real estate developer David Poskanzer in celebration of the breaking of ground for the final phase of the Fort Lee Executive Park, Three Executive Dr. Located in the hub of the New York/New Jersey/Connecticut tri-state region, the office park boasts a presitigious 26-acre facility which, when complete, will feature approximately 1.4 million s/f of office space. The 28-story, Three Executive Dr. structure will be comprised of 800,000 s/f and will be one of the largest office towers in Northern New Jersey. In addition, a 60,000 - 200,000 s/f data center available as part of Three Executive Dr. will be one of the largest facilites of its kind in the region. Three Executive Dr. will be ready for occupancy in early 1992.
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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