Category Archives: commercial real estate

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 […]

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 […]