News: Brokerage

TechCity to host Hudson Valley Green R.E. Dev. Conference on Oct. 28

TechCity Properties will host a major conference on October 28 on the future of green development in the Hudson Valley. The conference participants are still being finalized, but will include prominent and noteworthy individuals from the real estate, green-tech and business worlds. The discussions will be geared toward developing insights and strategies to attract versatile green development to the region. Alan Ginsberg, chairman of TechCity Properties, said, "Our goal is to bring green jobs and responsible development to the Hudson Valley for long-term, sustainable economic growth. This terrific half-day of informed conversation and panel discussions will give all our participants highly valuable insight and guidance." "The Hudson Valley can be at the forefront of green sustainability," Ginsberg said, "and TechCity is committed to being a central part of that. The Hudson Valley has the attributes eco-sensitive companies are looking for and TechCity's master plan positions it as a clear focal point for green economic development and business activity." Attendees will include real estate brokers, developers, economic development officials, government agencies, transportation officials and both residential and commercial builders. Topics will include "how to make the deals to build green," "attracting tenants, money and resources," "expanding green development opportunities," "economic incentives for green developers," and much more. Panels for the conference will include: residential development, economic development, finance, architecture & design, and commercial and industrial development. TechCity's recently released master plan envisions the site transformed into a 21st century eco-village through the re-use of former industrial buildings, the installation of clean energy systems including solar panels and green roofs on the property's existing large-area, flat roof buildings.
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,

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