Spotlights

2024 Ones to Watch Rising Stars: John Snee, SAB Capital

Who are the key people in your life that have contributed to your success?  My parents have been a consistent support system throughout my life and my career. Also, I recognize my college football coach as a large contributor

2024 Ones to Watch Rising Stars: Renelle Torrico, DBI Projects

Beyond your professional achievements, what are some of your passions or hobbies? I love running and the clarity it brings to me. Prioritizing movement in the morning helps clear my head and prepares me for the day.

2024 Ones to Watch Rising Stars: Dayna Prepis, UpSpring

How do you balance your rising career with your personal life?  I think the two are intertwined, and I try to find the “fun” in both areas! I am a mom of two, so I have to be efficient and ready to embrace challenges.

2024 Ones to Watch Rising Stars: Alyssa Tarnok, Herman Katz LLP

Outside of your career, where else do you seek continuous learning and personal growth? I’m an introvert by nature, but three years ago, I became a group fitness instructor to step outside of my comfort zone.

2023 is behind us - by
Michael Packman

For commercial real estate investors, 2023 saw uncertainty between rising interest rates, worries of a deep recession as well as proposals from Washington D.C. to limit 1031 exchanges (again). These uncertainties have left investors that do not have to transact on the sidelines.

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

Falling cap rates in 2024 - by John Rynne

The rate of inflation has been decreasing significantly over the past year in part due to the actions of the Federal Reserve which has reduced rates. Ten year treasuries at the end of the fourth quarter in 2023 were 79 basis points lower than at the end of the third quarter.

Trestle Community restoration project - by William Gati

The Trestle Community restoration project represents a transformative vision for the Bessemer and Babbage St. corridor, stretching from 84th Ave. to Hillside Ave. This 12-block endeavor is not merely an urban renewal effort but a comprehensive initiative to infuse

A 2024 outlook: A community on the rise with more opportunities to discover - by Stacey Duncan

Exciting things are happening in Greater Binghamton. Last year, we received our second $10 million Downtown Revitalization Initiative award for the Village of Johnson City, opened the majestic Victory Lofts, and were one of only 31 Tech Hub designees in the nation. Through the

The question facing thousands of taxpayers now is whether to protest their 2024/25 assessed value - by Peter Blond

Another year has passed, and New York City has released another real estate tax assessment roll. For most taxpayers, it was an uneventful year-over-year change to the assessed value of their property. As I indicated in my article several months ago, the city possessed sufficient