Category : Views

Views

My real estate pet peeve: Greed

REW
By Heidi Burkhart, founder and president, Dane Real Estate The real estate industry as a whole is often portrayed as being full of greedy people who try to hone in on each other’s properties, listings, deals and money. No matter what industry you work in, I’m sure you’ve seen that...
A Stronger Plan to Revitalize East Midtown
REBNY WatchViews

A Stronger Plan to Revitalize East Midtown

REW
This Thursday’s meeting of the Manhattan Borough Board marks another step in the closely watched public review process that will determine the future of East Midtown.  In January, the Department of City Planning certified the Greater East Midtown Rezoning proposal and the final step will conclude later this year at the...
Honoring leaders of commercial real estate property management
REBNY WatchViews

Honoring leaders of commercial real estate property management

REW
The deadline is fast approaching for REBNY’s Annual Commercial Management Leadership Award nominations. I encourage all owners, developers, brokers, and managers to consider submitting a nomination for these awards, which honor exceptional individuals in the field of commercial property management – those who are often the unsung heroes of our...
Mortgage recording tax: Taking credit for projects
Debt & EquityViews

Mortgage recording tax: Taking credit for projects

REW
By Marc Wieder, Co-Practice Leader, Anchin, Block & Anchin New York mortgage recording taxes can add significantly to the cost of financing a project, so it’s important for developers to ensure that they’re claiming all the tax credits they deserve. Here’s a brief overview of these taxes and the available...
RetailViews

Spending spike on the cards as holiday shopping gets started

REW
By Faith Hope Consolo, Chairman, Retail Leasing and Sales Division, Douglas Elliman Real Estate Holiday 2016 is on our doorstep and this year is shaping up to be even merrier. Shopping is a sport and this year there are more tools to help you optimize your gifting. Online and mobile shopping...
Views

Why the L train closure could be good for Williamsburg

REW
By Peter Levitan, principal, Lee & Associates The story surrounding the L Train’s Super Storm Sandy damage is a foreboding narrative based on misconceptions. As the chairman of REBNY’s Brooklyn Committee, I am alarmed that this common story of despair has been grounded in superficial theories and speculation. It’s critical...
Retail meets real estate: What’s working, what’s not, what’s next
Views

Retail meets real estate: What’s working, what’s not, what’s next

REW
As MAPIC gets underway in Cannes, France, former Pinkberry vice president Ryan Patel takes a close look at retail’s place in the real estate market. The retail industry is a dynamic field right now. Business owners, to keep up with digital competitors, are asking themselves if an online-only presence is...
New Airbnb rule doesn’t ban home-sharing, it targets scofflaws
FeaturedREBNY WatchViews

New Airbnb rule doesn’t ban home-sharing, it targets scofflaws

REW
BY REBNY President John Banks Thanks to Governor Andrew Cuomo, New York now has a strong new law that will protect affordable housing from illegal short-term rentals. There’s been quite a bit of misinformation about this issue and a lawsuit filed by Airbnb that may delay some common sense new...
REBNY WatchViews

Hats off to team work setting gold standard for new Midtown East

REW
By REBNY President John Banks SL Green Realty Corp, the city’s largest commercial landlord, recently broke ground on One Vanderbilt, a $3 billion office tower poised to be the second tallest in New York City. Once completed, the 58-story, 1,401 ft. One Vanderbilt will be a breath of fresh air...
FeaturedREBNY WatchViews

Trans-Hudson commuter report brings us step closer to solution

REW
By REBNY President John Banks The Port Authority’s latest report, the “Trans-Hudson Commuting Capacity Study,” is the result of a yearlong study to evaluate strategies for meeting and managing the anticipated increase in trans-Hudson commuter demand. As New York City employment continues to grow and an increasing share of employees...