Spotlights

New accounting standard to change how leased real estate reported on financial statements - by Paul Becht

A new accounting standard will significantly change the way leased real estate is reported on financial statements.

Commercial property energy conservation measures and combined heat and power technology - by Nancy Colella

Commercial property owners are the true stakeholders toward making a difference to the future propensity of a sustainable lifestyle push on Long Island, for Long Island.

Be prepared for important changes in the Housing Maintenance Code beginning in October - by Peter Goldstein

A number of important changes in the Housing Maintenance Code will be taking place within the next few months, some as early as October 1, 2017. Owners and managers must make the necessary adjustments to avoid violations and penalties if the changes aren’t made.

Overview of the commercial real estate market surrounding the JFK Airport area - by Joann Saul

With virtually no significant vacant space returning, the JFK Airport Market continued to tighten through MY17.

Development in Willets Point neighborhood of Queens stalled because a parking lot is park land - by Rolfe Haas

Willets Point. It’s a relatively small project with only 5,500 planned housing units, a school, a megamall and community facilities on 70 acres, right next the CitiField, the Mets Stadium.

Real estate strategies for retail businesses in a changing world: Leases vs. license - by Bernie Kennedy

What will be the likely effect of this most recent threat to traditional retail stores, and how are retailers to respond?

Examining invisible urban pollution and its effect on real estate value in New York City - by William Gati

The real estate industry’s increased attention to invisible urban pollution can make important changes in residential and commercial environments.

Market value or price – When does market value stop and price takes over? - John Rynne

At a recent seminar I attended, a discussion ensued about market value and price.

How Hurricane Harvey will affect insurance premiums for property owners nationwide - by Izzy Green and Sol Eisenberg

In the aftermath of Hurricane Harvey, the state of Texas is facing catastrophic housing, auto and business losses. Hurricane Harvey has already forced more than 30,000 people into shelters.

Queens investment property prices edge up in 1H17, multifamily assets flourish in Flushing - by Daniel Wechsler and David Baruch

Queens real estate investors relished positive returns in the first half of 2017 as property prices appreciated despite a slowdown in sales activity.