News: Brokerage

Rockrose hosts LIC Business Women Group; Dunphy spoke at the December 18th event

Rockrose hosted the LIC Business Women Group gathering on December 18th at 26-19 Jackson Ave. in Long Island City. Patricia Dunphy, senior vice president of Rockrose, spoke at the event in support of the group of talented, creative entrepreneurs and shared her experiences on working closely with the community. Dunphy also discussed Rockrose's development plans for the neighborhood, including the new Linc LIC residential tower. Shown (from left) are: Raquel Salas, Big City Graph-x & Printing; Leslie Nilsson, Sage General Store; Lisa Deller, chairperson, Land Use - Community Board 2, Queens; Dunphy; Silvana Palazzolo, Douglas Elliman; and Sheila Lewandowski, The Chocolate Factory Theater.
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Columns and Thought Leadership
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.
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,
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
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,