News: Brokerage

Tides opens Thoreau Center for Sustainability

Tides has opened a green nonprofit office center, Thoreau Center for Sustainability. Tides provides an array of services that amplifies the efforts of forward-thinking philanthropists, foundations, activists and organizations to make the world a better place. The new Thoreau Center for Sustainability offers shared workspace and a healthy work environment for its nonprofit tenants, as well as a social investment opportunities for its funders.An opening celebration for the center was held on October, 3. Thoreau Center for Sustainability New York is an environmentally sustainable workplace shared by twelve nonprofit organizations and programs. Located at 55 Exchange Pl. in the old JP Morgan Building, across from the New York Stock Exchange, it is the first shared community and conference space for nonprofits in Lower Manhattan. It is also one of the first office spaces in New York City registered for LEED CI (Commercial Interiors) certification. Tides is pioneering social investment opportunities in creating green nonprofit centers by offering values-based investors an opportunity to earn a strong financial return while supporting nonprofit groups.
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NYSCAR June 2026 president’s message - by Mercedes Brien

As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
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Columns and Thought Leadership
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,

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.
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