The business dynamic caused by the COVID-19 pandemic has changed the face of commercial real estate in New York City and beyond. It is likely that we will see the impact of the economic shut down for months – possibly years – to come.
Harrison, NY According to RM Friedland, Alfonso Holloman has joined the firm. In this key new role, Holloman will be spearheading the firm’s expansion into the Queens market.
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New York Real Estate Journa has continued its series, "NYREJ One-on-One" with Rick Kaplan on YouTube. This week Kaplan talks with Andrew Richards of Kaufman Dolowich Voluck LLP, and DJ Johnson of B6 Real Estate Advisors
The commercial real estate industry is in uncharted waters due to the impact of the COVID-19 pandemic. The economic impact of this pandemic will potentially be felt for some time. That being said, while the recent IRS guidance regarding the extension of the 1031 exchange deadlines is appreciated, and provides some benefits, the unclear guidance leaves much to be desired by
New York, NY The Real Estate Board of New York (REBNY) unveiled the creation of the REBNY Fellows, the first-of-its-kind leadership program for real estate professionals of diverse backgrounds. The REBNY Fellows Program taps 20 rising real estate leaders from diverse backgrounds for a
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New York Real Estate Journal has launched a new YouTube show called NYREJ One-on-One with Rick Kaplan. We will be producing one interview weekly. Kaplan’s first interview of the week is with Peter Hunt of Hunt RE and Cheryl Taylor of ERA Key
As we cross the 30-day mark since the COVID-19 health crisis emerged in the U.S., the immediate impacts on the PropTech industry have crystallized. Real estate operations have been disrupted in fundamental ways, which disruptions have certainly caused
New York, NY The Real Estate Board of New York (REBNY), the city’s leading real estate trade association, and its Commercial Brokerage Board of Directors named Zach Redding of B6 Real Estate Advisors as 2019’s Most Promising Commercial Salesperson of the Year.
Self storage is, once again, proving to be one of the most recession-resistant real estate sectors in the REIT industry as their stock prices took an initial hit along with most other equities, but has come back very strong these past two weeks to regain most of
Manhattan, NY According to Marcus & Millichap, they have completed the sale of 21-23 Catherine St. The property traded for $14 million. The sale price equates to $659 per s/f with a 6.46% cap rate. The asset totals 21,258 s/f and is located in the