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New York City must cope with budget risks, watchdogs warn


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Despite an improving fiscal picture that includes higher bond ratings, New York City faces risks as it emerges from the darkest days of the pandemic, state and city fiscal watchdogs said.
Those risks include the emerging of the COVID-19 Delta variant, the need for unspecified labor savings and a five-year capital program that might not be sustainable, said Michelle McManus, deputy director of the New York State Financial Control Board.
The board, established during the city’s financial crisis during the 1970s and which still signs off on the city’s budget, remained in sunset mode Tuesday as it rubber-stamped a $98.7 billion spending plan for fiscal 2022. ....

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Walker & Dunlop : Expands New York City Capital Markets Team with Two New Hires


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BETHESDA, Md., May 25, 2021 /PRNewswire/  Walker & Dunlop, Inc. announced today that it has hired Sean Reimer as a Managing Director and Michael Stepniewski as a Senior Director in its Capital Markets group. Based out of the company s New York City office, Messrs. Reimer and Stepniewski will join the New York City Capital Markets Team, which focuses on sourcing and structuring equity capital transactions and debt financing for all commercial real estate asset classes nationally.
Senior Managing Director and Co-Head of New York Capital Markets, Aaron Appel, commented, We re in a very active market for commercial real estate financing, and we are thrilled to further strengthen our New York Capital Markets presence with the addition of Sean and Michael to the team. Their extensive client relationships and strong deal flow will be hugely complementary to our team as we support the Company s goal to originate $65 billion of annual debt financin ....

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Walker & Dunlop Expands New York City Capital Markets Team with Two New Hires


Walker & Dunlop Expands New York City Capital Markets Team with Two New Hires
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BETHESDA, Md., May 25, 2021 /PRNewswire/  Walker & Dunlop, Inc. announced today that it has hired Sean Reimer as a Managing Director and Michael Stepniewski as a Senior Director in its Capital Markets group. Based out of the company s New York City office, Messrs. Reimer and Stepniewski will join the New York City Capital Markets Team, which focuses on sourcing and structuring equity capital transactions and debt financing for all commercial real estate asset classes nationally.
Sean Reimer, Managing Director ....

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