When it comes to rent payments, how is the commercial sector faring in comparison to the residential sector? My colleagues and I have been busy gathering this data, and the differences are striking. According to the NMHC Rent Payment Tracker, which includes statistics from MRI,
In the wake of the coronavirus epidemic, housing and jobs are going to be more crucial than ever for middle income New Yorkers. This crisis has affected the lives and finances of New York’s middle class in unprecedented ways and will have long lasting effects.
New York, NY The Real Estate Board of New York (REBNY), presented testimony to the NYC Rent Guidelines Board (RGB) advocating for fiscally responsible rent increase policies that are commensurate with property tax increases to ensure
Chicago, IL Like many people around the world, property managers have felt the economic impact of the global pandemic. To support real estate managers and their communities
As May 15th quickly approaches, the key questions many of us are looking to answer include: How do we adapt to the new normal while remaining effective in our day-to-day activities? How do we safely
Concord, CA Marcus & Millichap sold The Lakes, a three-story, 102-unit garden-style multifamily asset. The property sold for $26.8 million. Adam Levin and Robert Johnston represented the seller
While the entire country shelters in place, BOMA New York has shifted all in-person committee meetings to conference calls. The BOMI curriculum evolved into online courses, while
New York, NY Rather than rescheduling or cancelling, IREM NYC has decided to move all 2020 classroom course offerings to a virtual classroom delivery model.
On March 31st, 2020, ACEC New York chair, Thomas Cascino, PE, announced the formation of a safety committee that will help identify and update best practices for design professionals who must remain working at job sites or in the office.
New York, NY On April 21st, Professional Women in Construction’s New York Chapter hosted its first virtual panel event on Higher Education Construction.
Fire Barriers are designed and tested to contain fire, smoke, heat, and toxic gas and are required as separations and protection in IBC 2018. Fire Barriers are installed in every building in the U.S. They have been used to provide rated construction for over
Amid the current climate, where all aspects of New York City real estate have gone virtual, it is more apparent than ever that building owners, landlords and property managers must embrace and utilize a technology suite.
Norwalk, CT In response to the need for greater worker protection during the COVID-19 pandemic, Triax Technologies, Inc. launched a new IoT system, Proximity Trace.
New York, NY JDS Development Group, Property Markets Group and Spruce Capital Partners begin a new chapter for the historic Steinway Hall by receiving TCO and commencing closings for the Landmark Residences at 111 West 57th St.
Brooklyn NY The Small Business Administration-Paycheck Protection Program (SBA-PPP) loan program has run out of funds, but those funds are about to be replenished. Eastern Union, one of the country’s leading commercial real estate finance firms, has already helped thousands obtain SBA-PPP loan approvals over the past week.
As new technology emerges, more of our lives exist within the digital realm. However, the impact of our physical environment cannot be ignored. We can view our
While the coronavirus pandemic has, for the moment, upended our personal and professional lives, our team at Teknion believes that the fundamentals of work are unlikely to change. On the