News: Brokerage

Rhyner and Cunha of P.W. Grosser pass Leadership in Energy and Environmental Design (LEED) exam

John Rhyner, CPG and Tammy Cunha of P.W. Grosser Consulting passed the Leadership in Energy and Environmental Design (LEED) exam at the end of June, and are now LEED Accredited Professionals (LEED AP). Both Rhyner and Cunha are committed to providing environmental and engineering services that will assist their clients to reach sustainable goals. Rhyner, is a senior project manager of the firm with 23 years of experience specializing in the evaluation & design of Geothermal Systems. Cunha is an architectural designer with the firm and had 15 years of valuable experience in residential and commercial building design and construction . Dr. Paul Grosser, CEO and fellow employees of PWGC commended Rhyner and Cunha on their achievement of receiving this accreditation. PWGC is a multidisciplinary firm founded by Paul Grosser, PhD, PE in 1990 providing federal, state, municipal and private clients with quality environmental consulting and engineering services. PWGC has 50 diverse professionals including civil, chemical, and environmental engineers, hydrogeologists, geologists, and environmental scientists. PWGC has over 18 years of experience specializing in a wide range of services including energy conservation and sustainability; civil/site, water/wastewater engineering; hazardous/non?hazardous waste management; comprehensive environmental, environmental/regulatory compliance; redevelopment, site assessments & remediation; natural resource management; and brownfield redevelopment consulting. PWGC provides these services to a multitude of clients ranging from developers and financial institutions, to municipalities and federal agencies. Some of our clients include the Suffolk County Departments of Public Works and Health Services, Town of Oyster Bay, Village of Lindenhurst, Incorporated Village of Freeport, North Fork Bank, Independence Community Bank, Rechler Equity Partners, Reckson Associates, Allstate Insurance, New York City Housing Authority, New York City Department of Design and Construction and Benjamin Development Company. Additional information may be obtained online from www.pwgrosser.com.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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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 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
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.