News: Brokerage

Schleider of Metro Valuation Services installed as president of Metro N.Y. Appraisal Institute

Steven Schleider, MAI, FRICS, LEED AP, president of Metropolitan Valuation Services has been installed as 2011 president of the Metro N.Y. Chapter of the Appraisal Institute. Schleider co-founded Metropolitan Valuation Services to serve a broad base of clients developed over his career in real estate. The vast majority of appraisal assignments relating to the post-recession wave of the mid-1990s for major residential construction, development and re-adaptive use projects in the N.Y. area were conducted under his supervision. Additionally, large-scale, multifamily complexes in the region for FannieMae and FreddieMac loan portfolios were appraised by his team. Schleider's assignments have included development strategies, valuation and/or feasibility studies for market-rate and subsidized rental facilities, nursing home, age-restricted and assisted-living residences, cooperative and condominium apartment buildings, development projects in various stages of approval; and, valuation modeling and consulting for various lower- and moderate-income housing programs involving LIHTCs and low floater rate tax exempt revenue bond financing. Mr. Schleider's experience with HUD-based programs includes numerous section 8 facilities, MAP, and rent comparability surveys. These activities have been conducted on behalf of investment firms, international and domestic pension funds, major industrial corporations, leading foreign and domestic financial institutions, individual investors and leading law firms. Schleider holds the MAI designation from the Appraisal Institute; was elected a Fellow of the Royal Institute of Chartered Surveyors (FRICS); and is the only appraiser in New York City having earned the Leadership in Energy and Environmental Design - Accredited Professional (LEED AP) designation from the Green Building Certification Institute. Since 2003, mayor Michael Bloomberg has twice re-appointed Schleider to the New York City Rent Guidelines Board. Schleider is a member of the Real Estate Board of New York and currently serves on its Housing Committee and chairs its Appraisal Committee.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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