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.
North Brunswick, NJ Dogtopia, a leading provider of dog daycare, boarding and spa services, has signed a lease to open a new 5,081 s/f location at Brunswick Shopping Center. The new location further
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.