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.