Category : Opinion

The four things all bridge loan lenders want to know
Banking and FinanceDebt & EquityOpinion

The four things all bridge loan lenders want to know

REW
by REW3205
By Mordechai Beren, managing director, Structured Finance & Bridge Division, Eastern Union Bridge loans play an essential role in commercial real estate finance. Borrowers use bridge loans to meet a short-term financing need, despite their high rates. And there’s only a relatively select group of lenders willing to offer bridge...
Blaming “AOC effect” is a cop-out by Amazon
Opinion

Blaming “AOC effect” is a cop-out by Amazon

REW
by REW3301
By Tom Corsillo Nine months after Amazon scrapped plans to build a new headquarters in Long Island City, people in and around the real estate industry continue to dissect how the world’s largest retailer managed to fail so spectacularly – and what it means for them. That lawmakers rallied against...
Opinion

All I want for Christmas is a rent regulated apartment

REW
by REW6736
By Adelaide Polsinelli Prudent landlords should be making a list of who’s been naughty or nice this Christmas and turning the new rent laws to their advantage. New York City’s rent regulations protect tenants and give them an unprecedented upper hand in the market while penalizing property owners, the majority...
A good idea but potential side effects may outweigh the intended benefits
Opinion

A good idea but potential side effects may outweigh the intended benefits

REW
by REW2586
By Hani J. Salama, PE LEED-AP, Chair, CEO, BOMA New York On October 30, the New York City Council passed a bill that will divide the City into at least twenty (20) commercial waste zones (CWZ). The legislation stipulates that each zone will be serviced by up to three (3)...
Better public policy can help housing crisis
Opinion

Better public policy can help housing crisis

REW
by REW1642
By Doug Bibby The U.S. is in the throes of a housing affordability crisis. Rents are rising and demand is increasing, all while incomes stagnate. Why not simply build more apartments? It’s not that simple. Alongside rising rents and demand, the cost of development has increased, too. The price of...