Year in Review 2018: Raymond Mordekhai, Forest Park Properties Inc.

December 18, 2018 - Spotlights

Name & Title: Raymond Mordekhai

Company Name: Forest Park Properties Inc.

Address: 35 N. Tyson Avenue, Floral Park NY 11001

Website: forestparkny.com

Social Media: https://www.linkedin.com/in/raymond-mordekhai-69999716/

 

What market trend(s) will impact your industry in 2019? 
There are two significant issues that will define 2019 for commercial and investment brokers. The first is the ever-changing retail leasing landscape in NYC. The brokers that adapt and find innovative uses for spaces historically leased to dry-goods will succeed the most. Second, the implications of the new tax code will continue to define the market for condo development sites. With more developers choosing rentals as a better option. 

Comments

Add Comment


More from the New York Real Estate Journal