Category Archives: commercial real estate

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!

New York City commercial real estate

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 commercial […]

Are NYC Office Rents Sustainable Or About To Take A Leg Down?

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Businesses obviously hope that New York City office rents come down but, why would such a decline occur? If office rents were to come down in NYC perhaps the reason could be described in just one phrase, ‘Supply and Demand‘! The fact is that New York City will experience a huge amount of new office inventory that is or […]

Country Pointe At Plainview Approved By The Town Of Oyster Bay Board!

Post-TOB approval of the Country Pointe at Plainview project, a small group of environmental activists have filed a lawsuit challenging the environmental review conducted by the Town of Oyster Bay! The plaintiffs claim is that ‘nearly 55 species of wildlife, including foxes and bats, inhabit the area and would be harmed by the project.‘ ‘Richard Brummel, 55, […]

What Is A Cap Rate? (Infographic)

cap rates,commercial real estate,net operating income

Unlike the way that a value or asking price for residential real estate is determined, the worth of a commercial property is based primarily off of one thing…NET OPERATING INCOME! Residential Real Estate 101 Residential property will generally be valued using a comparison to other properties in the general vicinity. Recent closed sales that occurred nearby the […]

The leaning tower of Sevastopol as an implosion attempt fails! (Video)

File this story under the headline of if you want something done right, leave it to the private sector to get it done! In Crimea, Russia/Ukraine, this video shows how a government sponsored controlled implosion of an unauthorized 10-story building failed miserably with the tilted structure now a curiosity on the skyline of the city! […]