News: Owners Developers & Managers

Kaufman Astoria Studios goes green with METRO biodiesel

Kaufman Astoria Studios, the studio complex in Astoria, has decided to green its growing empire by switching its heating fuel to METRO's Greenheat, a blend of heating oil and biodiesel made from domestic and renewable sources like recycled restaurant grease. Kaufman Astoria Studios is now the largest commercial user of Greenheat in the city of New York. Kaufman Astoria Studios will be purchasing approximately 80,000 gallons of Greenheat annually, eliminating 70,000 pounds of carbon dioxide, displacing 4,000 gallons of petroleum and reducing air emissions like sulfur and particulate matter. "When we approached Kaufman Astoria Studios, our longtime heating oil customer, with the opportunity to switch to a cleaner, greener, more renewable heating product, they jumped at the opportunity, immediately recognizing the positive impact on air quality," said Gene Pullo, president of METRO.
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Columns and Thought Leadership
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.
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

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

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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.