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

NYREJ’s 35th Anniversary:
Rachel Antman, Saygency

When did you discover NYREJ and what was your title and company name at that time? In 2004 I joined LVM Group, a PR firm that specialized in commercial real estate, as an account supervisor. That’s when I discovered NYREJ.

Featued Company:
Herman Katz LLP

Manhattan, NY Herman Katz, LLP (the firm) was founded in 2005 with the merger of the law practices of Jay M. Herman and Robert S. Katz, two well-known and very experienced property valuation litigation attorneys (Tax Certiorari, Eminent Domain, etc.), with three employees.

NYREJ’s 35th Anniversary: Kimberly Zar Bloorian, Kloud Real Estate Marketing

Most memorable “15 minutes of fame” in NYREJ: WOW! It was probably when I started writing my quarterly column on real estate marketing for NYREJ. I shared practical tips and insights on effective marketing strategies for the real estate industry. Shortly after my first column was published, I began receiving an overwhelming number of emails and calls from readers.