News: Brokerage

Ravindra of Ravi Engineering and Land Surveying testifies

Nagappa Ravindra, president of Ravi Engineering and Land Surveying P.C. testified in Washington, D.C., on April 25, as part of a panel on "Help Wanted: The Small Business STEM Workforce Shortage and Immigration Reform." Two unfilled STEM (science, technology, engineering and mathematics) jobs exist for every unemployed STEM worker in the U.S., according to a release from the House Committee on Small Business. The hearing focused on how the STEM workforce shortage is affecting the viability of small businesses and what may be necessary to help them meet their STEM workforce needs. The hearing included discussion including the extent of the workforce shortage, its economic effects on small firms and whether immigrant and guest worker visas reduce or improve wages and opportunities for American workers. Ravindra, a native of India who started his own business in 1995, is a member of the American Council of Engineering Companies. He testified growth in the field is limited by a lack of qualified and experienced engineers. He urged Congress to expand the H-1B visa program so firms like his will be able to hire the necessary talent to meet their clients' needs. H-1B visas allow U.S. firms to temporarily hire foreign workers in specialty occupations
MORE FROM Brokerage

Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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