News: Brokerage

Thru the Lens: Former New York Knick, Larry Johnson, joins Douglas Elliman's top brokers for celebration

On November 30th, Douglas Elliman celebrated the launch of its partnership with the New York Knicks as the exclusive naming sponsor of Madison Square Garden's famed "Celebrity Row" with an impressive event in the lounges for its top brokers at the New York Knicks vs. Miami Heat game. Former New York Knick great Larry Johnson stopped by the event to congratulate CEO Howard Lorber, COO Stephen Kotler and top brokers including Million Dollar Listing's Luis Ortiz, Toni Haber, Maria Babaev, Brett Miles, Robert Dvorin, Andrew Azoulay, Enzo Morabito and Ariel Cohen. In addition to the celebration, the brokers also donated over 100 toys to Madison Square Garden's Garden of Dreams Foundation that will directly benefit its underserved youth this holiday season. Douglas Elliman "Celebrity Row" is known as an exclusive seated area noted for its courtside celebrities and luminaries. The multi-­year deal will provide Douglas Elliman with exclusive naming rights of the famed coveted area in Madison Square Garden as well as branding around the courtside seats, online and social media.
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.