For decades now, property investors have been trending toward “green” properties. High-end, environmentally-friendly buildings that are energy-efficient do much more than add equity value. Property investors understand that green properties attract younger and more affluent tenants who are willing to...
The market for retail properties in Brooklyn has been showing some growth this year, which is attracting a number of local property investors. Yet in some corridors, rent prices are softening, which could potentially mean downward pressure on the retail...
New York is rolling out a congestion pricing plan for Manhattan along with a transfer tax on commercial properties priced for sale at $2 million and above. NY congestion pricing is set to start at the end of 2020, giving...
Since the recession a little over a decade ago, NY property investors have been trying to find ways to be more flexible with their offerings, and get the most out of their occupancy to maximize revenue. The result, which coincided...
The economy is very strong right now, and commercial real estate investors are experiencing a lot of growth in various market segments. However, anyone who has been in this field for a decade or longer remembers all too well the...
Opportunity Zone (OZ) properties are getting hotter, opening up lucrative avenues for revenue among NYC commercial real estate investors. OZ properties are not just in one area of the city, however. Let’s take a look at where OZ properties are...
Filing taxes are at the forefront of everyone’s mind right now, and commercial real estate investors are noticing some significant changes to the process. Specifically, there is now a cap on interest expense, which will limit the amount NYC commercial...
The commercial real estate arena in New York City has been interesting over the past few months. There are still pockets of growth, but they are not even across all sectors. A call to revise the City Charter could potentially...
The Bronx is becoming the next target for commercial real estate investors in NYC. Everything from simple renovations to construction and even speculation property acquisitions without tenants is becoming prominent in Bronx neighborhoods. But what is the right financial strategy?...
Commercial properties throughout NYC are undergoing a shift. Dedicated, single-purpose properties have done well for a very long time, but there is a rising demand for structures that serve multiple functions, and there is a clever strategy behind the move....