News: Brokerage

Scott Burman 2010

Name: Scott Burman Title: Principal/Partner Company: Paramount Realty USA/The Engel Burman Group Location: New York, N.Y./Garden City, N.Y. Birthplace and date: Nassau County, N.Y., Dec. 3, 1978 Family: Wife, Bianca, and 2 children: Isla, 3, and Brent, 1 College: New York University Stern School of Business First job outside of real estate: Summer internship at DLJ (now Credit Suisse) First job in real estate or allied field: I was a laborer, knocking down walls and ripping up carpet in my family's buildings. What do you do now and what are you planning for the future? I am a Long Island-based real estate investor/developer and also a partner in a real estate auction company. Hobbies: Triathlon and skiing Favorite book: "Outliers" Favorite movie: "Scent of a Woman" Person you admire most (outside of family): The brave soldiers who risk their own lives to defend our freedom Keys to success: Hard work, determination, intelligence and foresight If you had to choose another vocation what would it be? An Alaskan heli-ski guide
MORE FROM Brokerage

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.
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 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.