Developing Brooklyn: 827 Sterling Place

Brooklyn, NY Kriss Capital and Haussmann Development formed a partnership with the Saint Louis family who had owned and operated a garage on the property for thirty years. The Saint Louis family had a steadfast vision to develop a multi-family building on the property in keeping with the changing

Nominate someone for NYREJ 2024 Women in Commercial Real Estate Spotlight today!

Criteria for Nominations: The nominees should work for a New York commercial real estate firm or a firm that supports the CRE industry th...

Conducting a zoning analysis in
New York City - by William Gati

In the ever-evolving landscape of New York City, conducting a zoning analysis is a pivotal step for anyone looking to build an addition, convert a property, or undertake significant modifications. While the process may seem straightforward at first glance, the intricacies

The role of a qualified intermediary in a 1031 exchange - by Michael Packman

To complete a valid and successful 1031 exchange, investors acquiring taxpayer-owned properties need the services of a qualified intermediary (QI), also known as an “exchange facilitator.” During a 1031 exchange, the individual obtaining an investment or business property

Corporate Transparency Act: A summary of the new reporting requirements - by Sandy Klein

On January 1, 2024, the Corporate Transparency Act (CTA) went into effect. The CTA requires businesses, including real estate businesses, to file a Beneficial Ownership Information (BOI) Reports with the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). Such

Real estate value, Vrbo & Airbnb - by John Rynne

The Vrbo and Airbnb revolution has exploded on the scene especially for residential properties. I’ve appraised a number of properties that have been used for short-term occupancy, either daily or weekly. In the past they were typical month-to-month or annual traditional rentals. Most

Broome County is a critical geographic link in the electronics supply chain - by Stacey Duncan

Microchips, as their name implies, are incredibly small — with billions of transistors packed into a space no larger than a single fingernail. But the supply chain necessary to manufacture this critical technology is both far-reaching and complex.

New, creative food & beverage concepts keep leasing brokers busy throughout summer 2024 - by James Famularo

When the spring ended and the weather started to get warmer, I expected Manhattan to clear out and for business to slow down as it typically does in the summer. To my surprise, deal flow picked up in June and this summer proved to be one of the busiest seasons of my career. I’ve always suggested

Real Property Income & Expense (RPIE) filing has been legal for decades, yet it continues to confuse many - by Peter Blond

Sometimes I wonder if taxpayers think the RPIE is a secret missile program… they aren’t supposed to have any knowledge of. For the thousands of property owners apparently still in denial, or shrouded in unfamiliarity, the RPIE filing stands for Real Property Income & Expense. It

NYREJ’s 35th Anniversary:
Richard Maltz, Maltz Auctions

Most memorable “15 minutes of fame” in NYREJ: I’d have to say our most memorable and favorite “15 Minutes of Fame” NYREJ moment was when Maltz Auctions (formerly David R. Maltz & Co.) was highlighted as the “Company of the Month” in November 2014