News: Brokerage

Zelner joins Lee NYC as executive managing director and principal

According to the New York office of Lee & Associates Commercial Real Estate Services (Lee NYC), Brett Zelner joined the firm as an executive managing director and principal. Zelner will focus on retail and office leasing for regional, national, and international clients. He comes to Lee NYC after 29 years at Lansco, where he served as a tenant representative for numerous office and retail clients, including Scottrade, the General Services Administration, and state and private colleges. When asked why he made a switch after working for one company his entire professional career, Zelner said, "I had been hearing about Lee and what it was accomplishing in the N.Y. market. I was impressed and intrigued. I was looking for a company full of energy and on the move. And I wanted a company with all the resources at hand to support my practice, along with the resources to service national accounts." James Wacht, president of Lee NYC was instrumental in Zelner's decision to move to Lee NYC. "We are always interested in hiring talent. Experience, wisdom—and established clients—are all assets to our firm and will help us grow our business," said Wacht. "Brett brings all three to the table and we are delighted to have him on board." Zelner acknowledged that in addition to the people of Lee NYC, the Lee & Associates business model—each Lee & Associates office is independently owned by a group of Lee broker-investors—is unique and appealing. "I look forward to working collaboratively," said Zelner.
MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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,

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.