Category Archives: commercial real estate

NY’s 2019 Rent Stabilization Law: Opposing Views, Paths Forward by Jason Gordon, AmTrust Title

On July 31, 2019 Hallmark Abstract Service published the article, ‘Are there any winners in the NYC multifamily marketplace?‘, providing some background into the parameters of the new law and potential impact that the Housing Stability and Tenant Protection Act of 2019 could have. This impact would be on a variety of stakeholders including multifamily building owners […]

Guest Author – ‘Challenging Your NYC Property Value Assessment May Be Easier Than Ever’ by Darya Shneyder

New York City photo

New York City property value assessments, like those on Long Island, can often be based on data that is often considered by the owner to be somewhat inaccurate and/or open for debate. Maybe you should think about appealing! (Challenging Your NYC Property Value Assessment May Be Easier Than Ever originally appeared in the Commercial Observer, […]

New York City Rent Stabilization Law – It Offers Both Risks And Rewards!

apartment building photo

Hallmark Abstract Service was extremely fortunate to enlist the help of Craig M. Notte, a Partner at Borah, Goldstein, Altschuler, Nahins & Goidel, who has provided his insights and ultimately an article on the complicated and often difficult to play-in world of New York City rent stabilization law. When operating properly, the laws surrounding this segment […]

The Ghost Cities Of China: If You Build Them, Will People Actually Come? (Video)

Tianjin China Manhattan lookalike

The theory, particularly if you’re in the upper reaches of China’s government, is that at some point people will inhabit these vast expanses of infrastructure and housing that exist in ghost cities across China! This is anticipated if, as expected, the population of China steadily moves from the country’s hinterlands to its cities! Back in 2014, a […]

NYC Real Estate Developers Are Infallible, That Is Until They’re Fallible!

5th avenue nyc photo

No matter the endeavor there are times when simply playing the game is enough to ensure success…At times commercial and residential real estate ownership and development are no exception! In other words when prices in a specific real estate market are steadily headed in one direction, up, there is no specific trick to making money. […]

Did You Know…Vanguard Group Is America’s New Landlord

commercial real estate photo

Vanguard Group, the nations largest mutual fund company with approximately $2.7 trillion in assets, is also one of the largest owners of commercial real estate through its fund investments in real estate investment trusts aka REITs!  An article by Joe DiStefano that appeared in philly.com tells the story… ‘Vanguard Group is America’s new landlord‘ Vanguard […]

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 […]