Spotlights

Northern Manhattan market report: Some 2008 sales trends will continue into this year

2008 will go down as one of the most challenging years for investment property sales. For the year, Northern Manhattan saw a total of 210 tr...

The upside of downsizing: New business is created for construction and real estate industries

In this rollercoaster economy we are in, the changes that occur on a day to day (sometimes hour-to-hour) basis are in sharp contrast to the ...

Auctions represent an efficient disposition strategy for lenders with expanding REO portfolios

Auctions represent efficient disposition strategy for lenders with expanding real-estate owned (REO) portfolios. The real estate auction is ...

Recognizing opportunities in the 2009 Long Island commercial real estate market ensures success

Predictions, assumptions and the ever popular magic eight ball are an increasing trend in the commercial real estate market. Everyone has an...

Bad news in the Manhattan commercial office space market can be good news too

The direct relationship between unemployment and the demand for office space is a clear and obvious one. It then becomes clear that the Manh...

A look at New York City Dept. of Environmental Protection's Back-flow Device Program

A back-flow device is a plumbing valve that prevents contaminated water from flowing back into the water supply by directing it into a sanit...

Leases in todays' economy: Our current market presents challenges for both tenants and landlords

The recent rough economic times have presented a challenge, to say the least, for both tenants and their landlords. It has also created a lo...

Examining the tax consequences of debt modifications with regards to IRS regulations

There have been countless stories in the news over the last year about the deteriorating condition of the U.S. real estate market. Residenti...

Outlook for the year ahead: The good, the bad and the ugly?

I've got good, bad and not too much ugly news for 2009. The international financial crisis has permeated the entire U.S. real estate market....

Kismet Construction named 2008 Industry Partner of the Year

The Greater New York Chapter of the Institute of Real Estate Management presented Karen Shunick, president of Kismet Construction, with the ...