News: Brokerage

Rose Associates announces retirement of senior managing director Bruce Spiegel

New York, NY Rose Associates, Inc., the New York-based multifamily real estate developer, announced today that Bruce Spiegel, senior managing director of retail and commercial services, will retire at the end of this year. Spiegel has worked at Rose Associates for 37 years focusing on commercial real estate and overseeing the leasing of assets owned by the firm and its many clients.       

"Bruce has had a distinguished career at Rose that has spanned almost four decades. As Senior Managing Director, he has skillfully overseen the leasing of a variety of retail, office, and garage space across New York City,” said Amy Rose, president and CEO of Rose Associates. “On behalf of Rose’s past and present leadership, I want to congratulate Bruce and thank him for his hard work, loyalty and accountability. He has had a positive impact on our firm and the commercial real estate industry in New York City.”        

Spiegel joined Rose Associates in 1985 after being contacted by an executive recruiter. Over the course of his career at Rose he worked on the firm’s office, retail and garage portfolio in Washington, DC and Westchester County as well as its commercial assets in New York City. 

“I feel fortunate to have worked at Rose, to be part of a company with such an outstanding reputation, and to play a part in the success of so many excellent properties,” said Spiegel. “Throughout my tenure, the Rose family made me feel as if I was a partner in the firm, not just an employee. They consistently provided me both the support and empowerment that enabled me to get deals done. The professionalism throughout the organization is something I will always be grateful for, and the same goes for the lasting relationships I’ve built over the years with a variety colleagues and tenants.”

With a Master’s Degree in Reading and Literacy, Spiegel started his professional life as an educator.  He worked in multiple high schools during years that were trying due to New York City budget cuts in the 1970s. He taught five classes a day of 37 to 40 students from multi-cultural backgrounds and, as a result, learned to “think on his feet.” Spiegel claims this turned out to be useful training for the world of real estate negotiations. During a summer break, he got his real estate license and began working in the industry on evenings and weekends renting residential properties. Drawn to the commercial side of the industry, he quickly developed a leasing expertise working on developments with retail and commercial components.

Spiegel is a longtime member of the Real Estate Board of New York Store Committee and the International Council of Shopping Centers.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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 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