GeoData Plus is a real estate data provider for all 50 states, used by thousands of real estate practitioners including appraisers, brokers, lenders, and investors. It is best known as a provider of real estate comparables and its nationwide foreclosure database.
What market trend(s) will impact your industry in 2019?
The impact of Hudson Yards has not been fully felt. Many tenants will leave the Midtown and Plaza Districts and cause a flood of space to enter the market. I also believe that the commitment of Amazon to Long Island City will not be positive for NYC as it will put pressure on transportation, housing and employment.
Take a look at our 2018 Year in Review!
...
What market trend(s) will impact your industry in 2019?
In an effort to preserve the rent stabilized stock, New York City and New York State continue to propose legislation that limit New York City landlords. Proposed legislation includes eliminating vacancy decontrol and bonuses and limiting the benefit of MCI’s (major capital improvements).
What was your most notable project, deal, transaction or professional achievement in 2018?
In December 2018, MRA closed on the acquisition of a Macy’s department store in Nanuet. The site is connected to Simon Property Group’s revitalized open-air destination, The Shops at Nanuet MRA negotiated the complex transaction, which involved negotiating a new 102,000 s/f lease with home décor superstore AT HOME while in contract, as well as a
What market trend(s) will impact your industry in 2019?
While technology has been a growing factor in real estate, (home buying, crowdfunding and business intelligence) we are preparing for more fintechs to enter the transactional sector in a few years.
What was your most notable project, deal, transaction, or professional achievement in 2018?
I’ve aligned myself with Lunson Mitchenall in all my London and U.K. dealings and now I have a permanent office within their Piccadilly Circus offices. They are the premier landlord/tenant rep. brokers having 35 seasoned veterans and being in business for over 30 years.
What was your most notable project, deal, transaction or professional achievement in 2018?
I was the recipient of the CREW NY 2018 Star Award which was a very special honor. As one of the leaders of the CREW Network Foundation which provides scholarships to women pursuing a career in commercial real estate, I have enjoyed “paying it forward” and giving back to the industry which has been so good to me.
What was your most notable project, deal, transaction or professional achievement in 2018?
Representing a foreign client with a $25 million condo closing in NYC. Due to client’s complex corporate structure this was one of the toughest transactions I’ve closed this year.
What was the best decision that you made in 2018 and how did it impact your business?
To launch sexualharassmenttrainingny.com as HR’s one-stop sexual harassment solution in full compliance with NYS Labor Law §201-g and NYC Local Law 96.
