The Tax Cuts and Jobs Act (TCJA) limits an individual’s deduction for state and local taxes (the “SALT limitation”) to $10,000 for tax years beginning after December 31, 2017 and ending before
As America hopefully bounces back from the worst waves of the pandemic “freeze” during 2022, some of the nation’s other social problems will eventually return to
Superstorm Ida caused flooding because street sweeping was cut down due to COVID-19, so trash on streets, dog poop, leaves, and garbage accumulated and were swept into the storm drain.
8,409,600. This is the number of breaths that the average employee takes in a single year. There is likely no other factor more critical in determining a person’s productivity and health than the
Those of us that have been in the industry a while, understand that markets are cyclical and eventually, history repeats. So how have the lessons we learned during
With the return of Broadway and seemingly “life” in Midtown Manhattan, the New York City Department of Finance may feel more emboldened to raise assessments aggressively in January.
Regulations, shutdowns, and economic stimulus have had little effect on slowing the upward rent trajectory for New York City apartments which once again have the nation’s most expensive rent.
On September 2, 2021, New York governor Kathy Hochul signed into law a revised and extended moratorium on foreclosures against qualifying commercial property owners impacted by the
From 2010 up until 2019, investors wondered how low cap rates in New York City could realistically go. With both sizzling demand and a timeless outlook on New York City investment property, the
New York City has now lived through almost two years of the COVID-19 pandemic. I have been observing the effects of the restrictions that have consequently been
Now that we are in the tail-end of the COVID-19 health crisis, there are many new opportunities that have emerged in the commercial real estate space. In most New York City submarkets, multifamily rents and
In the past year, what project, transaction or accomplishment are you most proud of?
The 630,000 s/f Morgan North redevelopment project in Manhattan was