Category : Views

Views

The new, great frontier: Tangible property regulations

REW February 18, 2015 February 18, 2015

by REWFebruary 18, 2015February 18, 2015622

By Kevin Leifer, Director, Tax and Real Estate Gettry Marcus CPA, P.C. Recently-issued tax regulations have revamped the rules with respect to the tax treatment of expenditures to improve, repair and maintain real property and tangible personal property used in a trade or business. These regulations are effective for 2014...

Views

City buildings making a fortune from thin air

REW February 18, 2015 February 18, 2015

by REWFebruary 18, 2015February 18, 2015658

By Robert Jacobs, partner, Belkin Burden Wenig & Goldman In their quest to provide what many consider the ultimate residential amenity in Manhattan, developers are seeking Central Park views for luxury buildings on streets that do not border Central Park. One solution is to construct buildings of enormous height that...

Views

Uptick in construction means bigger paperwork burden for subcontractors

REW Staff February 12, 2015 February 12, 2015

by REW StaffFebruary 12, 2015February 12, 20151405

By Dan deRoulet, Jr., Co-founder Knowify LLC Nonresidential construction spending closed out 2014 on solid footing, up nearly 6% from the prior year (https://www.census.gov/construction/c30/pdf/totsa.pdf). This increase in activity is certainly welcome news for the construction industry, but it has left many small- and medium-sized commercial subcontractors in an uncomfortably familiar place:...

Retail Views

REBNY is a strong advocate for NYC retail sector

REW January 15, 2015 January 15, 2015

by REWJanuary 15, 2015January 15, 2015854

By Joanne Podell, Vice Chairman, Cushman & Wakefield As the new year takes hold, it is privilege for me to assume an exciting new role with one of America’s most respected business organizations, the Real Estate Board of New York. I was recently selected to take the position of vice...

Green Building Views

Energy master plan all part of great real estate strategy

REW December 16, 2014 December 16, 2014

by REWDecember 16, 2014December 16, 20141037

By Jorge J. Lopez, president and CEO, ConEdison Solutions The time is right to launch an integrated, multi-year Energy Master Plan. While it is typically difficult for corporations and institutions to exercise control over such costs as healthcare and real estate, they do have a significant opportunity to rein in...

Office Market Views

Desk-sharing agreements; A landlord’s guide

REW December 11, 2014 December 11, 2014

by REWDecember 11, 2014December 11, 20141649

By Seth A. Liebenstein, partner, BBWG Within a commercial lease, a tenant’s assignment and subletting rights are typically specifically defined with the landlord likely having the right to consent to any assignment or subletting of the premises. Often, a tenant will attempt to negotiate into the lease the right to assign...

Retail Views

Garment District keeping up with the trends

REW November 19, 2014 November 19, 2014

by REWNovember 19, 2014November 19, 20141137

By Scott Galin, principal and CEO, Handler Real Estate Organization As someone who has spent his entire career working in the Garment District, the transformation of this Manhattan corridor has been nothing short of incredible. Prior to my joining Handler Real Estate Organization, my family owned and ran G&G Shops,...

Views

How to get inner city affordable housing – fast

REW Staff September 10, 2014 September 10, 2014

by REW StaffSeptember 10, 2014September 10, 2014490

By Harry L. Langer, HL Langer & Co. The selective use of UPZONING is the most effective and efficient way to get AFFORDABLE HOUSING: 1. Any inner city vacant lot over 4000 square feet in low or moderate income areas (particularly those owned by the municipality) should be upzoned 4:1...

Residential Views

High rent vacancy not a ‘get out of jail free’ card

Adam Leitman Bailey August 22, 2014 August 22, 2014

by Adam Leitman BaileyAugust 22, 2014August 22, 20141881

By Adam Bailey & Dov Treiman Adam Leitman Bailey, P.C. Throughout the residential housing industry, there is dangerous ignorance of the amendments promulgated this year, amending the Rent Stabilization Code. All owners should be reading as much as possible about these amendments. Business is simply not the same as it...

Debt & Equity Views

Four more years, four more years …

REW Staff August 6, 2014 August 6, 2014

by REW StaffAugust 6, 2014August 6, 2014912

By Billy Procida, Procida Funding No I’m not talking about Obama or any politician, I’m talking about the market for what I refer to as “wholesome housing.” For those of you who have been reading my forecasts for the last few years, sorry to sound like a broken record, but...