News: Brokerage

Steinfeld joins DJK Residential

DJK Residential, one of the leading full-service real estate brokerage and relocation firms with offices in Manhattan, New Jersey and Connecticut, revealed the hire of residential agent Judy Steinfeld. Steinfeld's extensive experience in international sales, particularly highly coveted vacation homes in top travel destination location Chile, will bring added value to DJK's expanding portfolio. "With Judy's diverse real estate experience, both in and outside of New York, we knew she would bring a new dynamic to both our office and database," said Phyllis Pezenik, vice president and principal broker of DJK Residential. "Her global real estate knowledge and background makes her an exceptional addition to our firm. We look forward to watching her grow her client base here in the city and in learning more about the potential sales opportunities abroad." With 30 years of sales experience, Steinfeld's expansive portfolio includes owning and managing properties in New York City, Woodstock, NY and in Chile - three areas in which she splits her time. Her areas of expertise also include renovation, interior design, redecorating and remodeling, which have also proven to be a helpful asset in the success of her brokerage work, matching a client with their home. "DJK Residential is a company that prides itself on its dedication to both clients and agents. Here I'm provided with exceptional tools that will allow me to provide excellent service with a personal touch to potential clients. I'm excited to see where my new listings take me in an environment ripe with opportunity," Judy said. In addition to working in real estate, Judy is a licensed therapist. She continues to follow her passion for traveling, which has taken her to Europe, India, Asia, South America and various destinations throughout the United States.
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