News: Brokerage

TTL: Blumenfeld Development Group presents a Thanksgiving check

Shown (from left) are: Master Sergeant, Israel Mahadeo (Huntington, NY), Sergeant Amanda Castaneda  (Bronx, NY), Beth Delli-Pizzi, David Blumenfeld, Sergeant Patricia Rios (Middletown, NY) and Sergeant  1st Class, Xavier Varges (Bronx, NY) who is joined by his four-year-old daughter Isabella Varges. Shown (from left) are: Master Sergeant, Israel Mahadeo (Huntington, NY), Sergeant Amanda Castaneda (Bronx, NY), Beth Delli-Pizzi, David Blumenfeld, Sergeant Patricia Rios (Middletown, NY) and Sergeant 1st Class, Xavier Varges (Bronx, NY) who is joined by his four-year-old daughter Isabella Varges.
New York, NY David Blumenfeld, president, Blumenfeld Development Group Construction Corp., presents a Thanksgiving check and Turkey to Beth Delli-Pizzi, president, Long Island Family Readiness Group, and members of the Harlem Hellfighters based out of the 369th Regiment. The money, which was raised by the Blumenfeld Development Group and its employees, including those based out of the East River and Gotham Plazas, helped aid military families from both the Harlem Hellfighters and Fighting 69th regiments with the costs of their Thanksgiving meals as well as purchase of Christmas toys to be handed out at their upcoming annual Christmas parties.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,