News: Brokerage

Tighe of CBRE honored at Realty Foundation luncheon

The Realty Foundation of New York honored CB Richard Ellis (CBRE) CEO Mary Ann Tighe as "Person of the Year" at its annual luncheon, held at the Waldorf-Astoria. Tighe, who has negotiated more than 70 million s/f of commercial real estate transactions during her 24-year real estate career, raised a record total of about $420,000 for the foundation, which this year is celebrating its 55th anniversary. "The foundation is pleased to have honored Mary Ann for her outstanding achievements within the real estate industry, as well as her philanthropic contribution," said Patricia Frank, the foundation's executive director. "In addition, we are extremely grateful for her extraordinary energy, enthusiasm and input." The foundation was founded in 1954 by a group of passionate real estate professionals concerned about the financial risks facing the brokerage community. The nonprofit has since disbursed over $2.5 million in financial aid and over $3.5 million in scholarship awards.
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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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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
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,