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Fordham Real Estate Institute welcomes Severino to adjunct faculty

New York, NY According to The Fordham Real Estate Institute, (REI) Ryan Severino, CFA, chief economist at JLL, will join the REI graduate adjunct faculty staff

Copeland of Goldman Copeland wins 2020 ASHRAE Distinguished Fellow Award

New York, NY Charles Copeland, president and CEO of Goldman Copeland, has won ASHRAE’s 2020 Louise & Bill Holladay Distinguished Fellow Award. The annual award is given to

Rock the Bricks: Fillmore East/East Village Neighborhood - by Larry Ross

In this month’s column we look at legendary music venue the Fillmore East which was located at 105 Second Ave. and East 6th St., in Manhattan’s East Village/Lower East Side Historic District.

Eastern Union offers ‘virtual summer underwriting internships’ for college and post-graduate students

Brooklyn, NY Eastern Union is offering “Virtual Summer Underwriting Internships” to college and post-graduate students. The part-time internships—conducted remotely—will help students develop their proficiency in

The Counselors of Real Estate releases its top ten issues affecting the industry: COVID-19 and economic renewal lead 2020-2021 list 

Chicago IL The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on real estate, with the COVID-19 pandemic being the leading concern of the 1,000- member organization.

Three months into COVID-19:
Where are we now? - by Shallini Mehra

We get calls from investors looking for a pandemic discount every day. One thing is clear: There is no shortage of buyers with war chests ready to pounce on a bargain. Pre-COVID valuations for New York City multifamily rent-stabilized product were already down 30-40% after the passing of the HSTPA 2019 rent laws, driving cap rates into the 5-6% range.

Extinguishing restrictive covenants imposed as a condition of zoning approvals - by Forchelli and Snipas

Courts have long upheld the imposition of restrictive covenants as part of zoning approvals. As a result, boards routinely require applicants to record restrictive covenants as a condition of zoning approvals. Due to the fact that restrictive covenants are often drafted to “run with the land”, meaning the covenants

Marcus & Millichap co-chairman William Millichap passes at age 76

Calabasas, CA According to Marcus & Millichap, William Millichap, co-chairman, has passed away after a year-long battle with cancer. He was 76 years old. Marcus & Millichap founder and chairman George Marcus issued the following statement: “The company’s formative years benefited greatly

MHACY releases Request for Proposals to promote affordable housing in Yonkers

Yonkers, NY The Municipal Housing Authority for the City of Yonkers (MHACY) is seeking to partner with market rate building owners to expand the city’s base of affordable housing. MHACY released a request for proposals seeking building owners to participate in the Section 8 Housing program

Long Island Board of Realtors and the Hudson Gateway Assoc. of Realtors unveil new website for OneKey MLS

New York, NY The Long Island Board of Realtors, Inc. (LIBOR) and the Hudson Gateway Association of Realtors, Inc. (HGAR) unveiled the new consumer search website A recording of the virtual press conference unveiling the new website can be found