Category: Spotlight Content
Roller coaster cap rates - by John Rynne
November 12, 2024
Very early in the first quarter of 2024, I projected that the trend of 10 year treasuries and cap rates would decrease because inflation had been substantially decreased. However, early in the second quarter inflation reared it’s ugly head again. Cap rates inched up very slowly. During the third quarter cap rates
To stem outward migration, New York state must tackle housing and job growth in tandem - by Stacey D...
November 12, 2024
New York state is grappling with two interconnected crises: a severe lack of economic opportunity and population loss. The common thread intertwined through both is they are exacerbated by a significant need for housing that threatens to hollow out our communities and limit economic growth even more.
DST gives investors another avenue to take advantage of the tax code while staying within the 1031 r...
November 12, 2024
When investing in real estate, the key is to buy a property well and then sell it for a profit at some point in the future. Many investors know they may be able to utilize Internal Revenue Code Section 1031 and exchange their property for a replacement property and defer their capital gains. This has been one of the
NYC Dept. of Finance proposing changes to NYC Charter and Title 19 of the RCNY to limit taxpayer opt...
November 12, 2024
New York City is supposedly a liberal, sanctuary city, but that clearly doesn’t apply to real estate owners considering the preposterous proposed rule changes recently released by the New York City Department of Finance. The proposed rules may be the most anti-taxpayer clauses ever suggested, much less approved,
Developing Rochester: The Edmund -
Historic Gannett Building redevelopment
November 12, 2024
Rochester, NY The Gannett Building, located at 55 Exchange Blvd., was originally constructed in 1927 for newspaper chain founder Frank Gannett. The classical revival style structure was built to house the consolidated offices and newspaper printing facilities for the Gannett Newspapers chain.
Developing Rochester: Market Square
November 12, 2024
Henrietta, NY Totaling over 500,000 s/f, Market Square and its adjacent sister property, Market Commons, collectively form one of the largest retail hubs in the Rochester area. Strategically located just off I-390
Developing Rochester: Park Square II: Transforming Downtown Living
November 12, 2024
Rochester, NY Conifer Realty, LLC has begun construction on Park Square II downtown. This second Phase of the Park Square Redevelopment will preserve 200 existing apartments and create 40 new apartments.
Developing Rochester: Andrews Terrace: Revitalizing an Icon
November 12, 2024
Rochester, NY Conifer Realty, LLC and Community Preservation Partners (CPP) have joined forces to rehabilitate and preserve Andrews Terrace. This waterfront community, originally built in 1975, is undergoing extensive renovations
Question of the Month: The shrinking apartment: A call for creative space solutions
October 15, 2024
Long Island City, NY As New York City’s apartments continue to rise in price and shrink in size — with some newly built units barely exceeding 300 s/f — the efficient use of every available square foot in a building has become more critical than ever. As apartment dwellers continue to participate in lifestyle
2024 Women in CRE: Alyssa Tarnok,
Herman Katz LLP
September 24, 2024
Which professional organization(s) would you recommend to women just starting out in your industry: The real estate industry has many subsectors, which means that, for those just starting out, there is a lot to learn and many people to meet. I’ve found that working on a pro bono
2024 Women in CRE: Carolina Zapata, Shawmut Design and Construction
September 24, 2024
Why should this nominee be recognized in our Women in Commercial Real Estate Spotlight? “Carolina diligently pursues excellence in everything she undertakes. She is passionate about her work, and it shines through as she skillfully navigates challenges on complex renovations with creativity and precision.
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