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Kory Barbanel

Transaction Coordinator

(646) 805-1493
kory.barbanel@marcusmillichap.com

260 Madison Avenue 5th Floor, New York, NY 10016

Kory's Q&A

What is Your Favorite Movie?

Shawshank Redemption

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What is You Favorite Book?

The Obstacle is the way by Ryan Holiday

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What are the top things you enjoy most about working in this business and on the NYM team?

The fast-paced, constantly evolving nature of real estate keeps me motivated every day. I love finding creative solutions, building meaningful relationships, and delivering value to clients in unique ways. Working side by side with the best team in the industry, where collaboration and excellence are the standard – makes every challenge worth it. Nothing is more rewarding than seeing hard work pay off and benefit everyone involved.

03

Professional History

Kory Barbanel is transaction coordinator and an integral part of the New York Multifamily team at Marcus & Milichap. Specializing in finding buyers for investment property south of 96th Street in Manhattan, Kory brings expertise honed through years of experience in New York City’s competitive real estate market.

In 2024, Kory closed over $100 million in transactions and earned the CoStar Power Broker Award for Q4, showcasing his ability to deliver exceptional results. Kory began his career in retail leasing at Tower Brokerage, specializing in restaurants, bars, and nightlife in the East Village and Downtown Manhattan, closing high-profile deals with tenants that continue to thrive today.

Raised in Monmouth County, New Jersey, Kory has been connected to the city his entire life. A 2019 graduate of The Pennsylvania State University with a degree in International Relations, Kory leverages his global perspective to work effectively with both local and international buyers.

Passionate about golf, music, and all things real estate, Kory is an avid traveler and foodie. He is also actively involved with UJA and Covenant House, supporting causes for homeless youth through “Sleep Outs” and other initiatives.

Kory’s Newsroom

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Latest Articles

ArticleMarket Insights
January 16, 2025

Results Of Overregulating The New York City Multifamily Housing Industry

Dear Governor Hochul, We share the same mutual interest in the success of the New York City housing industry. I’m one of many salespeople representing property owners of rent regulated apartment buildings. I’m writing this letter to you on behalf of an entire industry inclusive of landlords and lenders who are too afraid to publicly tell the truth in fear of reparations, vilification, or rent strikes. We love New York City. We work, play, live, and pay taxes to the greatest city in the world, and we are here to…
Seth Glasser
Love3
ArticleMarket Insights
October 29, 2024

The Economical Reason Why Banks Should Embrace Short Sales: Our Solution to Revitalize the Multifamily Market

The Problem In the past five years the New York City multifamily market has experienced tremendous fluctuations. The passing of HSTPA in June of 2019 was the starting point of a transformative marketplace.  COVID ushered in new regulations and record low interest rates. This was quickly replaced with rapid rates hikes causing valuations to drop precipitously. Minimal rental increases for rent stabilized properties combined with upwards pressure on costs have created a distressed situation for both borrowers and lenders. Cash flow constraints, depressed valuations, and rates doubling when loans roll…
Seth Glasser
Love3
ArticleMarket Insights
September 24, 2024

Bridging the Gap Between Buyers & Sellers: The Shifts in NYC Underwriting

Despite being in the commercial real estate business and not the residential market there is a surprising amount of emotion involved in my day to day. Many of the clients our team has represented in 2024 have been selling long-held family heirlooms disguised as rent stabilized apartment buildings. My goal is to clarify the underwriting norms for rent-regulated buildings in 2024, easing emotions and setting realistic expectations from the onset. How We Got Here New York is different than the rest of the country. Vacant buildings can often be more…
Seth Glasser
Love3

Latest Deals of The Week

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