Category: Brokerage

Investors remain besotted with The Bronx, with its relative affordability and upside potential among the many factors favoring real estate in the borough. Demand has been particularly strong for commercial, development and industrial assets, with a unique retail landscape and the recent rezoning of Jerome Ave. all but guaranteeing increased activity for years to come. 

Bike sharing programs are growing in popularity in New York City and will have an increasingly greater impact on both the residential and commercial real estate markets. In addition to the popular Citi Bike, dock-less bikes have recently become accessible in limited numbers and areas of the city.

For taxable years beginning in 2018, the Tax Cuts and Jobs Act (TCJA) signed by the President last year added a new limitation on the ability of taxpayers other than C corporations to deduct business losses.  

A common situation these days is for a developer and possibly also his attorney to walk across the area between their property and an adjoining property to introduce themselves and tell you they are going to be commencing a construction project shortly and will need access to your property to conduct a “pre-construction survey.”

NEW YORK, NY The CoreNet Global New York City chapter (CoreNet NYC) Women’s Group hosted its Annual Summer Networking Event at the Sony rooftop on August 7th. One of the largest networking events held by the chapter, last year over 200 CoreNet members and guests attended, while this year’s gathering drew over 250 attendees. 

Either at its own election, or because a construction lender requires it, many owners of construction projects require their general contractor to issue a labor and material payment bond, which essentially serves to guarantee prompt payment to those who supply labor, material and equipment to the project…