On behalf of the entire commercial real estate industry in New York and the many commercial tenants that propel the economy of the greatest city in the world, BOMA New York continues to push the ball forward. Our dedicated staff and Board of Directors are regularly behind the scenes advocating for the commercial built environment and are on the frontlines collaborating for a better future. The following summary recaps our recent efforts.
In the U.S., millions of square feet of interior spaces sit vacant each year. Venues with a singular purpose, such as dorm rooms, conference facilities, sports stadiums, concert arenas, and even some hotel destinations have periods of significant underutilization throughout the year. From strip malls full of vitamin shops and
Brooklyn, NY According to developer TANKHOUSE, 450 Warren, an 18-residence condominium between Bond and Nevins Sts. in Gowanus has officially topped out at five stories and 55 ft. 450 Warren is the first
Brooklyn, NY According to The Kalikow Group, leasing activities have commenced at The Sidney, a new, 68-unit, residential building located at 2415 Church Ave. in the Prospect Lefferts
From concierge services to fitness and business centers, there are plenty of ways to increase residential communities appeal through amenities. A study done by the National Apartment Association, stated that
Albany, NY According to governor Andrew Cuomo, new regulations have been finalized to significantly reduce the use of hydrofluorocarbons (HFCs) in New York and help prevent these climate-altering gases from affecting the state’s environment and public health. HFCs are a group of potent
Queens, NY According to developer Magnum 1 Realty LLC, sales have officially launched at The Bevy, a new condominium in Astoria, adding 10 modern studio and one-bedroom units to the neighborhood. Local brokerage Modern Spaces is exclusively handling marketing and sales for the building, located
New York, NY The Association of Energy Engineers (AEE), a nonprofit professional society that promotes the scientific and educational interest of those engaged in the energy industry and to foster
Rental income has diminished for many owners since the onset of COVID-19, especially in New York City, while expenses–primarily property taxes and debt service–have remained steady or even grown. Hardest hit, for all the
New York, NY What do you do when your construction project doesn’t go according to plan? The answer often depends on whether you are an owner, construction manager
