News: Owners Developers & Managers

Consolo of Prudential Douglas Elliman keynote speaker at monthly luncheon

Faith Hope Consolo, chair of the retail leasing and sales division at Prudential Douglas Elliman, was the keynote speaker at a recent monthly luncheon of the Greater New York Chapter of the Insititue of Real Estate Management. Her lively talk focused on recent trends in NYC's retail market. Consolo said, "New York City is where brands are made." Regardless of the current credit crisis, demand and rents will continue to spiral upward because everyone wants to be here. Frank Socci, CPM, IREM Greater New York Chapter president said "Faith's candid and often humorous insights in the Manhattan retail market was like a breath of fresh air. No one lays their cards on the table like her."
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New York State Homes and Community Renewal finish $32 million affordable development

Union, NY New York State Homes and Community Renewal commissioner RuthAnne Visnauskas have completed the Homesteads on Grand, a $32 million, 72-unit mixed-use affordable and supportive development in Johnson City, Broome County.
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Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.