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[25 Feb 2015 | No Comment | ]

This morning, Real Estate Weekly kicked off its annual Women’s Forum at the Wyndham New Yorker with a one-on-one interview with NYC Department of Urban Planning Executive Director Purnima Kapur, who was appointed to the position in June after spending 25 years as a planner and director of the agency’s Brooklyn and Bronx offices. Purnima (right) joined moderator Lisa Knee, a Partner at EisnerAmper, to talk about her path into urban planning; how the city has transformed since she joined the agency in 1989; her current initiatives; the role she …

Editorial Supplements »

[25 Feb 2015 | No Comment | ]
C-Suite the next step on ladies’ career ladder

By Faith Hope Consolo
Chairman, Retail Group,
Douglas Elliman
From exclusion, to inclusion, to evolution, to revolution: I’ve seen the role of women in the real estate industry expand exponentially in the fewer than three decades I’ve been in the industry.
And it’s continuing to grow in size and influence.
As late as the 1980s, women were nearly non-existent in the commercial real estate business. Projects were designed and built by men. Deals were done in restaurants and bars, on the golf course, and in private clubs that excluded women as members.
There were no organizations …

Editorial Supplements, Featured »

[25 Feb 2015 | No Comment | ]
Talking the talk: The Secret to great networking

Whoever coined the phrase “networking” was on to something. Whether it’s cocktails, lunch or a fundraiser, it’s work. It’s working to build a group of interconnected people who could ultimately help you to be more successful in your professional life.

It sounds simple. So why is it so many of us find it so difficult? According to Marny Lifshen, a professional networker and author of the book “Some Assembly Required: A Networking Guide for Women,” networking is not a one-size-fits-all strategy.

Editorial Supplements »

[4 Feb 2015 | No Comment | ]

Greystone, a national provider of multifamily and healthcare mortgage loans, has provided $50 million in acquisition loans for Varden Capital Properties.
The company provided a $19,500,000 loan for Varden’s acquisition of the 351-unit Hartford Place Apartments in Atlanta, Georgia.
The loan was originated by Vincent Langan of Greystone and delivered to Fannie Mae under its Delegated Underwriting and Servicing (DUS) program.
The loan terms include 12-year financing with 30-year amortization, one year interest-only and 75 percent LTV.
Greystone also provided $30,500,000 in loans for the acquisition of four multifamily properties in the Piedmont Triad …

Editorial Supplements »

[6 Aug 2014 | No Comment | ]

As the market begins to reset itself, a recent survey by Sterling National Bank, the principal subsidiary of Sterling Bancorp, shows that today New York-based real estate professionals are full of optimism about the future of the NY real estate market over the next few years.
Sterling’s 2014 New York Real Estate Survey revealed that 96 percent of respondents involved with various real estate organizations are either very optimistic or somewhat optimistic about the NY real estate market over the next few years.
At the same time, however, 50 percent of respondents …

Editorial Supplements »

[6 Aug 2014 | No Comment | ]

by Adam Luysterborghs
In the aftermath of the recent financial crisis, heightened regulatory scrutiny of bank balance sheets has forced commercial banks to deny loans to more and more owners of real estate.
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a driving force behind this accelerating trend. Dodd-Frank stipulations require that banks set aside more capital for each loan as insurance in case a borrower was to default. These regulations have been particularly problematic for small-scale developers and building owners, as smaller loans are more often deemed non-bankable.
Non-bank lending …

Editorial Supplements »

[17 Jul 2014 | No Comment | ]

By Eric Haims, MAI,
2014 president,
Metropolitan New York Chapter of the Appraisal Institute
From Main Street to Wall Street, the ripple effects of the residential and commercial mortgage meltdown were profound.
New York City, though severely affected, notably by the collapse of CMBS, meltdowns and bankruptcies of financial institutions and the resultant tight reigns placed on commercial real estate lending, was insulated by its status as a world class, global epicenter for business and tourism.
As early as 2009, New York City began to rebound, such that today’s real estate market bears little …

Editorial Supplements »

[17 Jul 2014 | No Comment | ]

The Avenue of the Americas Association offers its members unique opportunities to learn about City initiatives and stay up-to-date on government, business and cultural issues that impact the local business community.
The Association acts on behalf of its membership to address issues affecting business operations and real estate values on the Avenue and serves a prominent community of business leaders and major building owners on the Avenue.
The Association is launching a campaign to represent the diversity of tenants on the Avenue while highlighting its best in arts, culture and retail that …

Editorial Supplements »

[17 Jul 2014 | No Comment | ]

CoreNet Global New York City Chapter’s mission is to advance innovation and professional development for the corporate real estate sector, and to serve as a thought leader and forum for current industry issues.
The organization’s more than 800 members represent corporate end-users and service providers from New York’s largest publicly-held companies at the forefront of real estate planning, development and innovation, including Fortune 500 companies generating over $1 billion in annual revenue.
In 2014, CoreNet Global New York City Chapter, the largest chapter in CoreNet Global, aims to engage our members to …

Editorial Supplements »

[17 Jul 2014 | No Comment | ]

By Erin Bond,
2014 AREW president
In the competitive New York City market, whatever your profession, if you’re in the real estate industry, being a member of the Association of Real Estate Women (AREW) is like having the world’s best pair of track shoes.
We not only keep you in the race with programs, events and opportunities, we focus on keeping you steps ahead of the competition.
Often, when giving “how to succeed” advice, high-level executives recommend joining a real estate association.
AREW excels at the two leading reasons for doing so: the opportunity …

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