News: Spotlight Content

St. Johnsville awarded $2.709m Restore NY grant

According to the Montgomery County Business Development Center, the village has been awarded a grant in the amount of $2.709 million through the Restore NY Community Initiative Program. The Montgomery County Business Development Center worked with the village and Geo-Environmental Management Solutions, LLC. in the preparation of this grant. Funding will be used by the company to demolish an unusable 40,000 s/f portion of their 200,000 s/f facility and re-habilitate portions of the remaining facility to add a new medical plastic foam products line. This project will result in the creation of 50-75 jobs over the next three years. This is the culmination of months of discussions with the company and one of its main customers. Cellect LLC is a global leader in the development and manufacture of specialty polyolefin bun foams for use in a variety of industrial and consumer markets.
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How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

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Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

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The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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