Evolution Energy Partners is a full-service energy consulting company founded on over 25 years of experience in the deregulated energy markets. Our executive team has over 80 years combined supply and demand side expertise – and has helped hundreds of clients save millions of dollars on their energy spend…
Merritt Environmental Consulting Corp. (MECC) was formed In June of 2009, under the direction of Chuck Merritt who has been assisting lending institutions, attorneys, real estate investors, and property owners for over two decades…
Since opening its doors in 1975, AFR has evolved from a respected local business to an industry leader. Owner Neil Scholnick, who acquired the Philadelphia-based company in 1983, crossed paths with future co-owner Jerry Hellmann in 1989. Seeing an opportunity to…
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!
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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.
