Meringoff of Himmel + Meringoff addresses YM/WREA members at the association's second luncheon of the year in February
In a speech that included a history of real estate cycles since 1960 and which posed the question "Is Commercial Real Estate Investment a Hedge Against Inflation?," Stephen Meringoff, principal of Himmel + Meringoff, spoke to a packed audience of members and guests at the Young Men's/Women's Real Estate Association's (YM/WREA) second luncheon of the year on February 17th.
Established in 1978, Himmel + Meringoff's portfolio acquisition strategy is to buy under-performing and under-utilized properties in New York City, add value to them through capital and tenant improvements, then continue to operate and maintain them for the long-term.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account