News: Brokerage

Zazzara of The Icon Cos. reps Advoco Inc. in 2,826 s/f office lease; Firm's first branch in New York state

Grazi Zazzara, president of The Icon Companies, completes 2,826 s/f office lease at 5015 Campuswood Dr. on behalf of client Advoco Inc. Based out of Berkeley CA, Advoco is a leading management and consulting services company. This new office space is the firm's first branch in New York state. "We are excited to become part of the Syracuse community," said Marty Osborn, partner of Advoco. "The opening of a new office is an important step in providing superior service and expanded access to our clients in the Northeast." Icon Cos., headquartered in Syracuse, is a full-service commercial real estate company with offices in Upstate and Los Angeles. "Tenant Representation is one of many services we provide that bring significant value to our clients," said Zazzara. "The client trusts us to locate, negotiate, and secure real estate that places them in the ideal environment and best conditions to succeed and grow their business."
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Columns and Thought Leadership
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,

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.