While much of life continues to be a forced “new normal,” some things never change. The annual New York City requirement of reporting your prior year income and expenses contains a new poison pill; full rent roll data (including both commercial and residential units) must now be provided online by June 1st
One year after COVID-19 hit the world, it’s obvious that the virus has affected the real estate sector more than we wish to admit. The buzz about vaccination has created some hope that things will return to normal quickly—but don’t place your bets on a roaring 20s rebound.
It’s often said that COVID didn’t change the industry as much as it accelerated longer-term changes that were already underway. There is a lot of truth to this. In the past year, we’ve seen new industries growingHow do you contribute to your community or your profession?
Outside of work, I am the chairman and co-founder of HELP USA’s Associate Board, a group of driven, young professionals.Manhattan, NY
Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $13.75 million bridge loan to complete the redevelopment of New York, NY
GridRewards, a groundbreaking program and accompanying free, mobile app that pays users up to 20% of annual energy bills for reducing usage at peak demand hours, Brooklyn, NY
Rosewood Realty Group handled the sale of 950 Hart St. The property traded for $3.75 million. The building consists of a three-story loft-styleManhattan, NY
Italian fashion brand PINKO, known for its prêt-à-porter collections for independent, bold, and stylish women, has signed a lease for an entire three-level retail Manhattan, NY
According to the Rudin Family, Lactalis American Group Inc., the U.S. subsidiary of French-based Lactalis Group, the leader in dairy, has finalized a Queens, NY
Edgewood Capital Advisors, a national commercial real estate bridge lender based in Southport, CT, has closed a $2.83 million bridge loan on a newly-constructed,