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Thru the Lens: CoreNet Global New York City Chapter's Young Leaders volunteer at GO Project

Several members of CoreNet Global New York City Chapter's Young Leaders (YL) committee recently volunteered at the non-profit GO Project, working with students and their teachers on various enrichment activities, including martial arts, European handball, tennis, lacrosse, art, drama/creative writing, and theatre. "CoreNet's young leaders recognize the importance of lending a helping hand to youth in need in our community," said Sarah Currie of VVA Project Managers & Consultants, who organized the event for the YL committee. "We hope the time spent with these children has been as helpful to them as it has been rewarding to us in terms of the insights we've gained into their lives and experiences." The GO Project's mission is to positively influence the futures of low-income New York City public school children by providing critical academic, social and emotional support starting in the early elementary years. GO provides year-round educational and family support services to children who are performing below grade level and equips them with the confidence and skills needed to succeed at school, at home and in life. ée Hastings, Lane Office; and Anthony Mariani, Certified Moving & Storage. Shown in front row (from left) are: Jason Aster, KBA Lease; Meredith Essery, WB Wood; Sarah Currie, VVA; and Ashley Cosentino, WB Wood.
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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.
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Columns and Thought Leadership
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.
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