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COVID-19 and commercial rent collections: A look at the data from April - by Chuck McDowell

COVID-19 and commercial rent collections: A look at the data from April - by Chuck McDowell

May 8, 2020
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,
Affordable housing needs to support the middle class in the wake of the Coronavirus Crisis - by Heidi Burkhart

Affordable housing needs to support the middle class in the wake of the Coronavirus Crisis - by Heid...

May 7, 2020
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.
The Real Estate Board of New York advocates for updated rent guidelines

The Real Estate Board of New York advocates for updated rent guidelines

May 7, 2020
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
IREM Foundation launches COVID-19 Relief Fund on #GivingTuesdayNow

IREM Foundation launches COVID-19 Relief Fund on #GivingTuesdayNow

May 5, 2020
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
Construction returns post COVID-19 shutdown: 5 key steps to do it safe and smart - by Matt Caruso & Frank Marino

Construction returns post COVID-19 shutdown: 5 key steps to do it safe and smart - by Matt Caruso & ...

May 5, 2020
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
Marcus & Millichap’s Levin Johnston Team close San Francisco Bay area multifamily sale for $26.8 million

Marcus & Millichap’s Levin Johnston Team close San Francisco Bay area multifamily sale for $26.8 m...

May 5, 2020
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
BOMA New York’s Lunch & Learn goes digital - by Hani Salama

BOMA New York’s Lunch & Learn goes digital - by Hani Salama

May 5, 2020
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
IREM NYC converts classroom courses to virtual courses

IREM NYC converts classroom courses to virtual courses

May 5, 2020
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.
IREM NYC swears in six new Accredited Residential Managers virtually

IREM NYC swears in six new Accredited Residential Managers virtually

May 5, 2020
New York, NY IREM NYC Chapter president Sharon Hart Fanelli, CPM swore-in six new Accredited Residential Managers (ARM)—virtually!
ACEC NY Safety Committee creates COVID-19 guidance - by Jay Simson

ACEC NY Safety Committee creates COVID-19 guidance - by Jay Simson

May 5, 2020
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.
PWC hosts its first virtual panel event April 21st, discussion on higher education construction

PWC hosts its first virtual panel event April 21st, discussion on higher education construction

May 5, 2020
New York, NY On April 21st, Professional Women in Construction’s New York Chapter hosted its first virtual panel event on Higher Education Construction.
Question of the Month: What is the Biocontainment value to owners and tenants using fire barriers? - by John Sinisi

Question of the Month: What is the Biocontainment value to owners and tenants using fire barriers? -...

May 5, 2020
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
Activity, liquidity, and things you can control during the COVID-19 crisis - by Jonathan Schwartz

Activity, liquidity, and things you can control during the COVID-19 crisis - by Jonathan Schwartz

May 5, 2020
Today’s current events can feel unprecedented and overwhelming, particularly in New York, the epicenter of the nation’s COVID-19 crisis.
Using technology to navigate the new normal - by Robert Morgenstern

Using technology to navigate the new normal - by Robert Morgenstern

May 5, 2020
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.
Triax Tech launches social distancing and contact tracing solution, Proximity Trace

Triax Tech launches social distancing and contact tracing solution, Proximity Trace

May 5, 2020
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.
SL Green honored with 2020 ENERGY STAR Partner of the Year – Sustained Excellence Award

SL Green honored with 2020 ENERGY STAR Partner of the Year – Sustained Excellence Award

May 5, 2020
New York, NY SL Green Realty Corp. has received a 2020 ENERGY STAR Partner of the Year Sustained Excellence Award for the third consecutive year.
JDS Development Group, Property Markets Group and Spruce Capital Partners begin closings for Landmark Residences

JDS Development Group, Property Markets Group and Spruce Capital Partners begin closings for Landmar...

May 5, 2020
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.
Eastern Union helps business owners obtain Paycheck Protection Program Loans for phase two of federal funding program

Eastern Union helps business owners obtain Paycheck Protection Program Loans for phase two of federa...

May 3, 2020
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.
Designing for the user: Leveraging best practices from digital UX in how we design spaces - by Kate Wieczorek

Designing for the user: Leveraging best practices from digital UX in how we design spaces - by Kate...

May 4, 2020
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
Exploring the future of office design - by Steve Delfino

Exploring the future of office design - by Steve Delfino

May 4, 2020
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