News: Brokerage

Sterling Services appoints Fernandes VP of sales and operations

According to Sterling Services, Dan Fernandes will join the organization as the firm's VP of sales and operations. His responsibilities will include overseeing the operations of the newly structured company. Prior to joining the Sterling team, Fernandes served at Newmark Knight Frank as a VP in property management. Fernandes is a faculty member of NYU's Real Estate institute and a major in the Marine Corps Reserve. For over 15 years, Sterling has been a leading resource in maintenance and restoration for commercial buildings, with a highly skilled and experienced staff at the helm of the organization. It specializes in metal, stone, wood maintenance and restoration, façade restoration, door fabrication and maintenance, as well as architectural metal fabrication and service. With a web-based enterprise work order system, Sterling monitors responses to service requests in order to deliver personalized, timely care to its customers. Over the years, the firm has built an impressive portfolio of high profile buildings in New York City, including historic landmarks and institutions.
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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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,