News: Brokerage

Sheldon Good & Co. Auctions NorthEast, LLC to hold auction Nov. 8

Sheldon Good & Company Auctions NorthEast, LLC, an auction and brokerage company, has been retained to sell at auction a 13,000 s/f development site, a mixed-use retail/residential building and two Harlem apartment buildings, 4-unit and 10-unit, representing investment opportunities. Steven Good, chairman, Sheldon Good & Company Auctions, Inc., said, "Our selling season is heating up. This is another opportunity for buyers with the widest number of priorities to acquire value in one venue. The sellers are availing themselves of considerable cost efficiencies associated with Sheldon Good's multiple property auction, an event we conduct often in the New York market." The auction will be held at 11 a.m. on Thursday, November 8th, at the Grand Hyatt Hotel in New York at 42nd St., and Lexington Ave. Registration commezes at 10 a.m.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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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,

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
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