News: Brokerage

The N.Y. Energy Council holds seminar on Clean Distributed Generation

The New York Energy Consumers Council held its recent seminar, Clean Distributed Generation (DG), New York's Win-Win Energy Future, a one-day event on moving New York into a Clean DG Future. The symposium took place on October 9, at the Newman Conference Center at Baruch College. The program highlighted the economic, environmental, and reliability benefits of an energy future and demonstrated the feasibility of a clean energy system. Featured in the seminar were energy leaders in panel discussions on topics such as Incentives & Cost Savings, Interconnection & Implementation, and Environmental Benefits & Sustainability. In these discussions, methods of providing cheaper and more efficient energy were examined from organizations such as the Northeast CHP Application Center, New York State Energy Research and Development Authority, and Con Edison. Presentations Included: * New York Clean DG Working Group Introduction and Welcome - presented by David Bomke, New York Energy Consumers Council, Inc. * Keynote address - presented by Paul Tonko, president and CEO, NYSERDA *Panel on Incentives -- Tom Barone, NYSERDA, moderator; Dr. Dana Levy and Jaime Ritchey, NYSERDA * Panel on DG Environmental and Energy Planning Benefits -- Ashok Gupta, Natural Resources Defense Council, moderator; Tom Bourgeois, Pace Energy Project; Nathanael Greene, NRDC, and Clint Plummer, Endurant Energ * Panel on Interconnection and Implementation -- Michael Townsley, NYS DPS, moderator; Deborah Taylor, NYC DOB; Damian Sciano, Con Edison; Don Winston, Durst Org.; Amir Yanni, Endurant Energy.
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Columns and Thought Leadership
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.
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 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