Category Archives: commercial real estate

Consolidation In The Title Insurance Industry And Affiliated Business Arrangements: Good Or Bad For The Real Estate Or Mortgage Consumer?

When should the purchaser of commercial and residential real estate or the refinancer of a mortgage in New York State get a second opinion on the title bill provided by the title insurance company being utilized? Or ask other questions about the title insurance policy to be provided at closing? Answer: Each and every time! […]

The Slow And Steady Demise Of Brick-And-Mortar Retail…What’s A Mall Owner To Do?

online shopping crushing retail malls

The drumbeat of online shopping that’s replacing the consumer heading out to the mall started slowly, but has picked-up year after year until now it’s reaching a crescendo! The talking heads on business news and in the newspapers dwell on the fact that the shopping mall, once anchored by some of the biggest and strongest names […]

A New York City Air Rights Brouhaha!

The topic of New York City air rights is somewhat arcane, and an area of commercial real estate development that is not TRULY understood by many in the marketplace! Recently the Hallmark Abstract Service blog had published an article titled, ‘Are Manhattan Air Rights Losing Some Of Their Luster?‘, that examined how as ‘the market for […]

The EB-5 Visa Program… What EB-5 Is And The Programs Pros and Cons!

The EB-5 Visa program was voted into existence by Congress late in the 20th century, and since that time has had its legions of supporters and detractors! That said, it’s likely that the majority of Americans know little when it comes to what this sometimes controversial and often politically charged program is all about. What is its […]

Janet Yellen: Small Bank Lending + Commercial Real Estate ‘Crane Forests’ = RISK

historic commercial real estate prices

With commercial real estate valuations at levels exceeding 2007-2008, and with no shortage of new construction on the horizon, small bank lenders could be vulnerable! These snippets from a few different sources describe Janet Yellen and the Federal Reserve’s somewhat cautionary tone. ‘Commercial real estate (CRE) valuations, which have been an area of growing concern over the […]

The Impact Of NYC Coworking Offices On The Commercial Real Estate Market

co-working space business model

NYC coworking offices potential impact on the NYC commercial real estate market…None, Some or Significant? New York firms large and small often have one thing in common when it comes to the desired address of their corporate headquarters…That it have a New York City, and more specifically Manhattan, zip code (although Brooklyn can be up there as […]

New York City’s 100 Worst Landlords

NYC

For a prospective renter of an apartment in NYC, knowing the quality of the landlord is one more metric to consider when making a decision about where to live! But the question is, how do they do that? Here’s some help! NYC Government Oversight The Department of Housing Preservation & Development (HPB) will, among other mandates, ‘respond […]

Buying (Managing) An Apartment Building? These Are 9 Hidden Costs You Need To Consider!

NYC apartment buildings

9 Hidden Costs For Operating An Apartment Building That Can Impact Profitability, AKA The Investors Return On Investment! If an investor is looking at an apartment building to buy, the classic valuation methodology will be Net Operating Income or NOI divided by an assumed capitalization rate for a given neighborhood! This is true whether the […]

NYC Commercial Real Estate: Where’s Hot And Where’s Not?

BlackRock headquarters relocation search

NYC Commercial Real Estate Office Leasing Market If we use the BlackRock headquarters location search as unscientific and anecdotal evidence for which commercial real estate neighborhoods in NYC are ‘hot’ and which are not for office leasing, these are the results… Whenever BlackRock speaks, the markets quake. When BlackRock picks a location for its headquarters, the […]

2017 Tidal Wave Of Commercial Mortgage Refinancing Volume Coming To A Lender Near You!

2017 CRE refinancing

  As bond and equity markets brace for a small uptick in rates courtesy of the Fed, will this compound the issues facing commercial mortgage borrowers who need to rollover their loans? A quick look at the chart below illustrates the scope of the potential problem facing borrowers with the $300 billion or so volume of […]