Category: Spotlight Content

Madison Ave. sees leasing activity in 2023 as never before It comes out “new and improved” after COVID - by Joseph Aquino

Madison Ave. sees leasing activity in 2023 as never before It comes out “new and improved” after...

November 28, 2023
The biggest news as of this quarter is Dolce & Gabbana leased 695 Madison Ave. which was the former Hermes store at the Northeast corner of Madison and 62nd St. which houses 23,000 s/f. Hermes left last year to expand to
Appraisers are under the radar - by John Rynne

Appraisers are under the radar - by John Rynne

November 28, 2023
As I’m writing this article, the Trump Organization civil case is in the midst of being tried in New York State Supreme Court in Manhattan. Much of the discussion happens to be about over valuation or under valuation of
Distressed real estate - distressed debt - by Sandy Klein

Distressed real estate - distressed debt - by Sandy Klein

November 28, 2023
Uncertainty and concerns about the New York commercial real estate market abound. Office vacancy rates are at close-to if not at all-time highs. The pandemic-induced work-from-home mode has become the new reality and interest rates have seen a steep surge to levels not seen in many years. Each of these situations alone is a challenge but together
New York City proposes bold housing initiatives: A closer look at the “City of Yes for Housing Opportunities” plan - by William Gati

New York City proposes bold housing initiatives: A closer look at the “City of Yes for Housing Opp...

November 28, 2023
In a groundbreaking move, the New York City Department of City Planning has unveiled a comprehensive plan titled “City of Yes for Housing Opportunity.” This ambitious document proposes significant amendments to the
Designing development parks of the future today - by Stacey Duncan

Designing development parks of the future today - by Stacey Duncan

November 28, 2023
For far too long “industrial” parks have unfairly held a bad reputation. When people traditionally think about business parks, more often than not, they are viewed less as assets of a community and rather more as eyesores
Current developments in the commercial real estate structured finance market - by Michael Zysman

Current developments in the commercial real estate structured finance market - by Michael Zysman

November 28, 2023
Currently, the commercial real estate structured finance market is finding its footing. This is primarily due to the increase in interest rates, pull back of bank financing, and Federal bank policy. Much of the real estate financing
The potential for assessment increases on a scale not seen for many years is undeniably in the cards - by Peter Blond

The potential for assessment increases on a scale not seen for many years is undeniably in the cards...

November 28, 2023
Fall is in the air, but I suspect there could be a deep arctic chill in mid-January when 2024/25 New York City real estate tax assessments are released. A tax assessment storm of sorts is coming together to potentially wreak havoc on
2023 Commercial Real Estate Visionaries: Craig Deitelzweig of Marx Realty

2023 Commercial Real Estate Visionaries: Craig Deitelzweig of Marx Realty

November 14, 2023
Craig Deitelzweig manages 5 million s/f of commercial office, retail and residential space and oversees development, construction, leasing and property management. His vision for future-proofing the office and retail sectors provided office and retail tenants with holistic sensory experiences before they even knew they wanted or needed them
2023 Commercial Real Estate Visionaries: Anthony Mormile of Orange Bank & Trust

2023 Commercial Real Estate Visionaries: Anthony Mormile of Orange Bank & Trust

November 14, 2023
Anthony plays a critical role in supporting the Bronx commercial real estate sector as it continues to shape and define the borough where he grew up. Anthony’s passion for economic development and deep roots in the community have helped drive a diverse range of projects key to the area’s growth.
2023 Commercial Real Estate Visionaries: Ira Zlotowitz of GPARENCY

2023 Commercial Real Estate Visionaries: Ira Zlotowitz of GPARENCY

November 14, 2023
Ira Zlotowitz has propelled GPARENCY into the commercial real estate spotlight, earning it a place among LinkedIn’s Top 50 Startups. GPARENCY is a smarter way to acquire, underwrite, and finance commercial real estate, providing a comprehensive suite of features designed to simplify deal pipeline management and retrieval for CRE professionals.
2023 Commercial Real Estate Visionaries: Neil Rubler of Vessel Technologies

2023 Commercial Real Estate Visionaries: Neil Rubler of Vessel Technologies

November 14, 2023
Neil Rubler, founder of Vessel Technologies, envisioned a revolutionary approach to address the housing crisis, providing quality housing for the Missing Middle, those making too much to qualify for subsidized housing and too little to afford market rate. Rubler integrated prefabrication techniques and technology to build sustainable, attainably priced rentals.