News: Brokerage

Tech Valley Communications receives $937,500 grant from NYS Council for Universal Broadband

Tech Valley Communications (TVC), a telecommunications and Internet service provider, was among nine recipients across the state to share in a $5 million grant package awarded through the NYS Council for Universal Broadband. The remaining eight recipients were located outside the immediate city area. TVC will receive $937,500 for a partnership initiative designed to extend Albany FreeNet, a wireless network that provides free web access in the downtown area for an hour a day. The initiative will study ways to expand the network into more neighborhoods in the city. TVC's proposal also includes creation of a digital literacy and virtual work force training program for city residents. TVC is a competitive local dxchange carrier (CLEC), formed in 1999. TVC is a locally owned, facilities-based telecommunications provider headquartered in upstate N.Y.'s Tech Valley. TVC offers a full range of local and long distance voice services, data, and high-speed and dial up Internet services at competitive prices. The NYS Council for Universal Broadband was created in December 2007.
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Columns and Thought Leadership
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
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.