Category : Views

Joint ventures: Look before you leap
Views

Joint ventures: Look before you leap

REW
by REW1676
By Marc Newman, associate managing partner, Anchin, Block & Anchin LLP Sometimes, taking the next step to a larger project seems like climbing a mountain. In such cases, it can be easier to reach that peak by partnering up with another construction company in a joint venture. But joint ventures...
Views

Queens catching up in race to be the next big thing

REW
by REW1255
By Swain Weiner, President/ Partner, Greiner-Maltz Investment Properties For years, Queens trailed behind Manhattan and Brooklyn in terms of growth and development. But now, the Borough is finally catching up with the race, and a lot of investors want to be part of the turnaround. According to the New York...
FeaturedREBNY WatchViews

Exciting time for New Yorkers as Hudson Yards takes shape

REW
by REW1061
By REBNY President John Banks Last week, we got our first look at a big and bold public landmark that’s coming soon to Manhattan’s Far West Side. Related Companies and Oxford Property Group’s’ “Vessel” was designed by Thomas Heatherwick, whose previous works include the 2012 Olympic Cauldron, Pacific Palace in...
RetailViews

Little guys thinking big as retail landscape shifts again

REW
by REW1055
By Melissa Sievwright, vice president of marketing, Levin Management The re-invention of retail is underway, driven by technology advances and new shopper preferences. The impact of mobile and online are obvious. Less quantifiable is the attitudinal shift from acquisition to experience among consumers. Millennials and Baby Boomers alike are opting...
Non-payment proceedings a need-to-know business
Views

Non-payment proceedings a need-to-know business

REW
by REW1772
By Martin Meltzer, partner, BBWG Often, clients ask us to start non-payment proceedings against tenants who reside in apartments subject to rent stabilization, or apartments that have been deregulated, after a lease has expired or a tenant has not returned a signed renewal lease offer. In these instances, tenants have...
Views

New York market sending mixed signals as summer draws to a close

REW
by REW1191
By James Nelson, Cushman & Wakefield The New York City Investment Sales market managed to post gains in the First Half of 2016, rising to an all-time high of $560 per square foot, a 15 percent increase over 2015. These records were even more pronounced in Manhattan where sales rose...
Views

Should I invest in triple-net lease properties?

REW
by REW2645
By Marc Wieder, Partner, Anchin, Block & Anchin LLP Properties with triple-net leases can be quite attractive to real estate investors, but they aren’t as straightforward as they might seem. Due diligence is critical, as changes often can’t be made once the lease has been signed. The nuts and bolts...
Transit trumps potential landmark status in Midtown East
REBNY WatchViews

Transit trumps potential landmark status in Midtown East

REW
by REW2202
By REBNY President John Banks The Landmarks Preservation Commission (LPC) recently held a public hearing on five of the 12 buildings considered for landmarking in Midtown East. LPC will act on these 12 calendared properties over the course of the next year. These five buildings – Benjamin Hotel, Hotel Lexington,...
Banks diversify portfolios to offer booming industrial sector more options
Views

Banks diversify portfolios to offer booming industrial sector more options

REW
by REW1624
By Joseph Orefice, Head of the Commercial Real Estate Lending Group, Investors Bank Significant demand for and development of warehouse and fulfillment properties in New Jersey are expected to continue its upward surge well into 2017. Fostering the rapid growth in the CRE sector are changes in global logistics, demographics and commerce....