Category: Spotlight Content

Falling cap rates in 2024 - by John Rynne

Falling cap rates in 2024 - by John Rynne

February 13, 2024
The rate of inflation has been decreasing significantly over the past year in part due to the actions of the Federal Reserve which has reduced rates. Ten year treasuries at the end of the fourth quarter in 2023 were 79 basis points lower than at the end of the third quarter.
Trestle Community restoration project - by William Gati

Trestle Community restoration project - by William Gati

February 13, 2024
The Trestle Community restoration project represents a transformative vision for the Bessemer and Babbage St. corridor, stretching from 84th Ave. to Hillside Ave. This 12-block endeavor is not merely an urban renewal effort but a comprehensive initiative to infuse
A 2024 outlook: A community on the rise with more opportunities to discover - by Stacey Duncan

A 2024 outlook: A community on the rise with more opportunities to discover - by Stacey Duncan

February 13, 2024
Exciting things are happening in Greater Binghamton. Last year, we received our second $10 million Downtown Revitalization Initiative award for the Village of Johnson City, opened the majestic Victory Lofts, and were one of only 31 Tech Hub designees in the nation. Through the
The question facing thousands of taxpayers now is whether to protest their 2024/25 assessed value - by Peter Blond

The question facing thousands of taxpayers now is whether to protest their 2024/25 assessed value - ...

February 13, 2024
Another year has passed, and New York City has released another real estate tax assessment roll. For most taxpayers, it was an uneventful year-over-year change to the assessed value of their property. As I indicated in my article several months ago, the city possessed sufficient
Check out NYREJ's Semi-Annual <br>Commercial Real Estate Guide!

Check out NYREJ's Semi-Annual
Commercial Real Estate Guide!

January 30, 2024
Check out NYREJ's Semi-Annual Commercial Real Estate Guide!
2024 Ones to Watch RISING STARS - Nominate someone from your firm today!

2024 Ones to Watch RISING STARS - Nominate someone from your firm today!

January 16, 2024
We are now accepting nominations for the 2024 Ones to Watch RISING STARS Spotlight. Scheduled to publish in the February 27th New York Real Estate Journal this spotlight is a fantastic opportunity to recognize and celebrate the accomplishments of individuals who are excelling in their current position.
2023 Year in Review: Donald Leistman, <br>Forchelli Deegan Terrana LLP

2023 Year in Review: Donald Leistman,
Forchelli Deegan Terrana LLP

December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Aside from obtaining large tax assessment reductions for commercial property owners, I predicted in the pre-season that Aaron Rodgers would be injured by the third game
2023 Year in Review: Jason Karp, <br>Shawmut Design and Construction

2023 Year in Review: Jason Karp,
Shawmut Design and Construction

December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? At St. John’s University’s St. Vincent Health Sciences Center, I’m proud of how our team embraced tech during preconstruction. We 3D modeled
2023 Year in Review: Richard DeMarco, <br>Montroy DeMarco Architecture

2023 Year in Review: Richard DeMarco,
Montroy DeMarco Architecture

December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Montroy DeMarco Architecture was the lead architect for the recently completed, Tishman Speyer-developed, 645,000 s/f, LEED Gold Morgan North in Manhattan
2023 Year in Review: Nick Malagisi, <br>SVN Storage Realty

2023 Year in Review: Nick Malagisi,
SVN Storage Realty

December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? The self storage industry continues to consolidate with Extra Space Storage, the second largest REIT in the industry, purchasing Life Storage,
2023 Year in Review: Jena Rimkus, <br>FXCollaborative

2023 Year in Review: Jena Rimkus,
FXCollaborative

December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My greatest accomplishment of 2023 has been leading the renovation of New York University’s landmarked Rubin Hall, which will be one of the
2023 Year in Review: Sabrina Leung, <br>Crystal Window & Door Systems

2023 Year in Review: Sabrina Leung,
Crystal Window & Door Systems

December 26, 2023
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Crystal’s new Series 2700 Aluminum Window line offers superior energy efficiency, easily meeting NYC stringent energy codes.