Category : Views

New Brooklyn retail report will help owners see the future
REBNY WatchViews

New Brooklyn retail report will help owners see the future

REW
by REW1285
By John Banks, REBNY President Last week, I had the opportunity to meet with REBNY members to officially release our Inaugural Brooklyn Retail Report, which recognizes the industry’s ever-growing interest in Brooklyn and analyzes its continuing growth. At the La Defense café in MetroTech, we discussed the combined efforts of...
To condo or not to condo: That is the question for owners
Views

To condo or not to condo: That is the question for owners

REW
by REW4974
By Meyer Mintz, CPA, J.D. LL.M. Berdon LLP With the condominium market heating up in many areas across the country, some real estate owners are tempted to take advantage of the high prices to cash out. In addition to residential condo projects, some owners are also starting to use this...
RetailViews

Summer shopping scene flexing muscle in the Hamptons

REW
by REW1407
By Faith Hope Consolo, chairman, Retail Leasing and Sales Division, Douglas Elliman More than ever, and particularly during this summer season, the Hamptons is the place to be for the newest and best in shopping and dining. With a fantastic selection of new stores, shoppers will have their choice in...
Legionnaires’ outbreak spurs important law by Council
REBNY WatchViews

Legionnaires’ outbreak spurs important law by Council

REW
by REW1083
By John Banks, REBNY President New York City recently experienced its most acute outbreak of Legionnaires’ Disease, resulting in 12 deaths and 115 left ill in the South Bronx. Last Thursday, the City Council passed a law to combat this very serious public health risk, which REBNY and our members...
Know your financial pulse, it could save your company’s life
Views

Know your financial pulse, it could save your company’s life

REW
by REW301
By Marc Newman, Associate Managing Partner, Anchin, Block & Anchin Just as a wise patient undergoes regular medical checkups, a construction firm should have regular financial checkups. Why? Banks and sureties are already paying attention to your company’s financial vital signs, so it makes sense for you to track them...
REBNY WatchViews

Wheely good things happening in Staten Island

REW
by REW909
By John Banks, REBNY President New York City has gone through a tremendous transformation over the past 20 years, and in that time period, Staten Island has always been at the forefront of that evolution. The fourth stop on REBNY’s Five Borough series will explore Staten Island – an ever-changing...
Views

REITs and affordable housing a public-private marriage of convenience

REW
by REW2123
By Nicolas P. Retsinas, Chairman, Community Development Trust Capital markets have entered a marriage of convenience arranged by Uncle Sam. The new couple binds Real Estate Investment Trusts (REITs) to affordable housing — on the one hand, an unlikely alliance, on the other, one that benefits both private and public...
Project Labor Agreements diminish competition, raise costs     
Construction & DesignViews

Project Labor Agreements diminish competition, raise costs     

REW
by REW1273
 By Brian Sampson, President, Associated Builders & Contractors, Empire State Last week it was reported in Real Estate Weekly that a deal on a Project Labor Agreement (PLA) would save the city an estimated $347 million dollars on a capital investment of roughly $8 billion dollars in construction projects. While...
REBNY WatchViews

Bowing out as industry celebrates strength through diversity

REW
by REW999
During my tenure of nearly 30 years as REBNY President, New York City has undergone tremendous change. In 1986, our city was continuing to climb back from the financial crisis of the 1970s and many neighborhoods were struggling with abandoned buildings and vacant lots which the city acquired in rem....
Millennial shopping habits and what it means for retail building owners
Views

Millennial shopping habits and what it means for retail building owners

REW
by REW1943
By Stuart Eisenberg, Assurance Partner at BDO New York Millennials — those born roughly between 1980 and 2000 — are changing the face of retail. They have a combined purchasing power of $2.45 trillion worldwide — $600 billion in the US — and they account for almost a third of...