News: Brokerage

Thru the Lens: Consolidated Carpet participates in renovation of Neighborhood Coalition for Shelter's (NCS) N.Y.C. Headquarters

Consolidated Carpet participated the recent renovation of the Neighborhood Coalition for Shelter's (NCS) N.Y.C. Headquarters. Consolidated donated adhesives and over 1,800 s/f of carpet tile to the non-profit organization, whose goal is to end homelessness for men, women and youth who have aged out of foster care in New York. Along with IFMA Cares, Consolidated Carpet worked to renovate the outdated and worn-out flooring in the NCS office. Over three days, the new carpet was installed with labor donated by the Greater New York Floor Coverers Association Promotional Fund. IFMA Cares' relationship with NCS was established through various community-based donations and projects over the past decade. "New floor covering was so long overdue at our office," said Ira L. Mandelker, Ph.D . Executive Director at NCS. "The carpet looks great and makes such a difference. Because of this generous donation by Consolidated Carpet and the Greater New York Floor Coverers Association Promotional Fund, more of our resources can be used for our mission -housing for homeless and at-risk people, vocational training, and providing the support people need to remain stable in the community, including mental health counseling and substance abuse treatment." It has made a tremendous difference to the staff working at our office. On December 19, 2012, members of the IFMA Cares Board joined together with team members from NCS and Consolidated Carpet to honor their generous donation during a ceremony within the renovated office. IFMA Cares Committee Chair Michael Moskowitz of Bermuda Limousine International, along with Committee Board Members Julie May of Innovant and Sonya Verny of FSO Outsourcing awarded honors to Dr. Mandelker and Kristine Scotto of Consolidated Carpet. The installation was completed in several phases over two days the first week of October 2012, to accommodate the non-profit's office that was still operational during the install. Two Consolidated Carpet installers completed the project, paying special attention to the working space, office furniture and curved-wall architecture. The navy blue carpet tile was installed in a monolithic pattern within the space.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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,