Thru the lens: LERA WTC Stair Climb

Leslie E. Robertson Associates (LERA) raced to the top of 4 World Trade Center, in support of the Damon Runyon Cancer Research Foundation as part of the first RunyonUp stair climb event at the 72 story tower. LERA was the structural engineer for 4 WTC and had over 20 engineers and firm family and friends join their team and climb to the top. Megan Lenz, a design engineer with LERA who worked on Tower 4 for 3 years enjoyed the opportunity to experience the building in a different way. Lenz said, "Walking up really allows you to reflect on the building as a whole. You feel very connected and proud to be a small part of such an important project." Climbers raised money for cancer research and were rewarded with breathtaking views stretching from Central Park to the Statue of Liberty.

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Marcus & Millichap brokers $16.25 million sale of Ponce Bank flagship headquarters in the Bronx

Bronx, NY Marcus & Millichap negotiated the sale of a net-leased bank property occupied by Ponce Bank. The asset sold for $16.25 million. “This property drew tremendous interest as it was a

Williams Equities leases 100,000 s/f at 470 Park Avenue South

AEBOV Commercial Real Estate Brokerage sells 9,000 s/f parking lot at 616-622 Courtlandt Ave. for $3.45 million

AEBOV sells 9,000 s/f parking lot in the Bronx for $3.45m

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DiCesare of Venture Brokerage Group sells 57.6 acre Pinewood Country Club for $1.5 million

Columns and Thought Leadership

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 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

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

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,