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...
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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...
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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...
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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...
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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...
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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...
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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?...
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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....
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People are moving to New York City to be closer to work. Since a good number of the jobs are contractual, most are looking for apartments. This has given rise to local commercial real estate investors who want to acquire...
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The withdrawal of Amazon from one of the most lucrative commercial real estate deals in New York City left many property investors stunned and frustrated. A major corporation coming to NYC stimulates transactions in niche sub-markets, attracts buyers and tenants...
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