News: Brokerage

Thru the Lens: REBNY 10th Annual Commercial Management Leadership Breakfast

The Real Estate Board of New York (REBNY) had the highest attendance ever at its 10th Annual Commercial Management Leadership Breakfast on May 30th at the Hilton New York. Awards were presented to stand-out commercial management professionals for excellence in property management in categories ranging from on-site management, to portfolio management, to engineering and security. Shown (from left) are: Honorees; Porter of the Year winner Danny Abreu of ABM; Commercial Management Executive of the Year Award winner, Edward V. Piccinich of SL Green Realty Corp.; John M. Griffin Community Service Award winner, Allen F. London, Solstice Residential Group, LLC; Portfolio Manager of the Year winner, Michael Bosso of Brookfield Properties; mayor Michael Bloomberg, Keynote Speaker; On-Site Manager of the Year winner Bridget Cunningham of Vornado Realty Trust; Rising Star of the Year winner, Jason McCalla of Silverstein Properties, Inc.; Security Professional of the Year winner, Michael Cohen of Fisher Brothers; Large Building Engineer of the Year winner, Brian Iannacone of Hines; John M. Griffin Community Service Award winner, Larry Kochman of E-J Electric Installation Co.
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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,