Category : Views

Property ManagersViews

Don’t delay, address violations today

REW Staff
by REW Staff815
By Robert Sedaghatpour, STRATCO Property Group Far too many New York City Multi-Family operators see Housing Preservation and Development (HPD) violations as a source of stress so great that they simply retreat into neglectfulness. They do not see value in removing the violations and operating a violation free building. On...
Good agreements make good neighbors
Construction & DesignViews

Good agreements make good neighbors

REW Staff
by REW Staff764
By David J. Pfeffer, Partner, Tarter Krinsky & Drogin LLP  In a major metropolitan setting, open space can be hard to come by.  In New York City, the facades of many residential and commercial buildings extend right up to the property line, or near enough to prevent access to some...
Views

Queens: The best yet to come

REW Staff
by REW Staff800
By Thomas A. Donovan, Partner, Massey Knakal Realty Services More than just the most diverse community in the world, the borough of Queens is also a promising place for multifamily investors. It has a strong history of performance, supported by a large stock of rental properties and by renter-heavy demographics....
Debt & EquityViews

Lenders need to avoid another hangover

REW Staff
by REW Staff866
By William Procida, president, Procida Funding & Advisors I’m driving down the highway in a Ferrari and I just got passed by a minivan doing 100 mph. In the minivan’s driver’s seat was a local banker, in the passenger seat, the Federal Reserve, and in the back, eating Happy Meals and playing...
Debt & EquityViews

Solar sector moving towards insitutional investment asset class

REW Staff
by REW Staff602
By Haresh Patel, CEO Mercatus The solar sector has evolved over the last few years with increased interest from institutional investors to allocate capital to the sector. As investment sectors develop in the capital markets, investors look for standardization, transparency and liquidity to allocate capital to the sector. A key...
Big changes for holiday retail
RetailViews

Big changes for holiday retail

REW Staff
by REW Staff738
By Faith Hope Consolo, chairman Retail Sales, Leasing, Douglas Elliman Black Friday? What Black Friday? The holiday selling season is more like Black November these days. With Thanksgiving just days away, kicking off the official holiday shopping season, we’re looking at a very different retail landscape from just a few...
When it comes to rent regulation reform, say uncle
LawsuitsViews

When it comes to rent regulation reform, say uncle

REW Staff
by REW Staff3505
By Corina Streekmann Belkin Burden Wenig & Goldman LLP  The Rent Regulation Reform Act of 1997 (RRRA) modified the class of individuals eligible for succession and eliminated nieces, nephews, aunts and uncles from among those relatives which qualify as “family members” for succession claims to rent regulated tenancies. In a...
Views

Distinguished agents with real estate’s top credential

REW Staff
by REW Staff676
By Sarah Orlinsky-Maitland, NYRS®, Associate Real Estate Broker, Brown Harris Stevens When it comes to hiring a residential real estate agent in New York City, savvy sellers tend to do a tremendous amount of research, as they should. Ultimately they make decisions based on an agent’s reputation, talent, market knowledge...
Views

2013 tax planning and wealth strategies for contractors

REW Staff
by REW Staff686
By Daniel A. Castellano, CPA managing partner Castellano, Korenberg & Co. As the end of the 2013 tax year approaches, tax planning is more important than in recent times for families earning $450,000 or more, as tax rates have substantially increased during this year. The top federal tax bracket has...
REIT IPO’s making a big comeback, but is the timing right?
Views

REIT IPO’s making a big comeback, but is the timing right?

REW Staff
by REW Staff733
By Susan Persin Senior director of research Trepp The REIT IPO window opened back up in October, as four REITs completed IPOs. These four REITs represent one-fourth of the total 16 companies that have gone public so far in October. To date, 18 REITs have gone public during 2013, which marks the year as a particularly strong one for REIT IPO activity. It is the greatest number of IPOs since 2004, when 29 REITs went public. 2013 ranks fifth so far in the modern REIT era for IPO activity.