Owners Developers & Managers

Demand for land in Jamaica is going to take off - by Taic and Mandell

Real estate developers remain fond of Queens, driven by the large parcels of desirable land and attractive pricing. As likely changes to rent regulation laws weigh on NYC’s investment sales market, the stability of owning land should become increasingly alluring to investors.

Defining a Smart Building: The excitement on this market continues to grow - by Nora Swanson

The excitement surrounding Smart Buildings continues to grow, but the industry does not currently have a standardized definition of what makes a building “smart” or “intelligent.” At the very least, everyone can agree that a Smart Building should use automated processes to control a facility’s operations.

The ecosystem of waste: Together we can open a portal into the circular economy - by Nadine Cino

It’s backing up on us…waste that is. China’s decision to ban plastic and e-waste imports has thrown waste and recycling markets into turmoil. “The University of Georgia has estimated that China’s ban on imported recyclables will leave 111 million metric tons of trash...

Life insurance liquidity: Critical component of an overall estate/financial plan for real estate owners - by Patrick Di Cerbo

Estate tax with an effective rate of taxation approaching 50% in larger estates, causes many real estate families concern. Life insurance is often considered as part of an overall plan to supply liquidity/cash at the inevitable death of an owner. The transfer tax from one generation to another ...

Con Ed steps up to plate with limited-time offer: Enhanced incentives for C&I qualified buildings - by George Crawford

Con Ed has stepped up to the plate and is offering, for a limited time period, enhanced incentives (double or triple existing incentives) for buildings that qualify for their C&I program. Buildings in this incentive program include assisted living facilities, hotels, and hospitals, as well as commercial and industrial buildings. 

3 World Trade Center: Beyond the glass - by Aaron Twersky

I was fortunate to be a part of a 20-person building tour of 3WTC, arranged by BOMA NY. Arriving at the WTC Transportation Hub’s Oculus is like entering a new world of urban luxury. The largess is jaw-dropping and equally remarkable is the seamless flow of people.

Greater N.Y. IREM annual rooftop cocktail party at 230 FIFTH; Event sponsored by Mackel of HD Supply

New York, NY IREM NYC hosted their annual rooftop cocktail party on Wednesday, June 23rd at 230 FIFTH. The event was so popular this year, that it sold out! Though the weather forced them to leave the rooftop views for another day, the crowd had a great time!

ACEC NY honors ACE Mentor of Greater NY with Chairman’s Award; Engineer of the Year is Gozdziewski and New Principal of the Year is Hill

New York, NY The American Council of Engineering Companies of NY (ACEC NY) presented the 2019 Chairman’s Award to the ACE Mentor Program of Greater NY. This award was presented at the council's annual meeting and awards luncheon at the Union League Club on June 5th.

OC Development Management at halfway
mark of 368 Ninth Avenue redevelopment project

Manhattan, NY OC Development Management (OCDM), a New York-based development management firm specializing in turn-key project management and construction management services, is nearing the halfway mark of construction on the base building redevelopment of 368 Ninth Ave.

Starwood Capital reaches agreement to develop 147,000 s/f mixed-use opportunity zone in the Bronx

Bronx, NY According to Starwood Capital Group, a global private investment firm focused on real estate and energy investments, an affliate has reached an agreement to develop a 147,000 s/f mixed-use facility in a designated opportunity zone.