In late-2013 when the Roslyn, Long Island staple Andel’s closed its doors, the event provided the inspiration for the article, ‘The Jewish deli: The end of an era on Long Island?‘! ‘The Jewish delicatessen, once a staple on Long Island, is slowly disappearing from view! Growing up on Long Island there was nothing like a […]
Not the entire Second Avenue Subway line of course! Only Phase 1 encompassing four stations at 96th, 86th, 72nd and 63rd Streets in Manhattan! Phase 1 will be completed at a cost that runs in the neighborhood of $4.5 billion, relatively inexpensive when compared with the projected Phase 2 cost of $6 billion. ‘The total length of […]
Regardless of the side of the political spectrum that you fall on, if you are a retailer located in or around Trump Tower the timing of the presidential election could not have been worse! With Thanksgiving officially kicking-off the Christmas shopping season, the imposing security that now surrounds Trump Tower, a building that sports some of the highest […]
From the ‘if you have to ask the price you can’t afford it’ file, the 432 Park Avenue penthouse located on the 95th floor has an asking price of $82,000,000! If that price is paid, it would result in a value of $9,933 per square foot. But unbelievably, that is well below the closed sale price […]
For a prospective renter of an apartment in NYC, knowing the quality of the landlord is one more metric to consider when making a decision about where to live! But the question is, how do they do that? Here’s some help! NYC Government Oversight The Department of Housing Preservation & Development (HPB) will, among other mandates, ‘respond […]
9 Hidden Costs For Operating An Apartment Building That Can Impact Profitability, AKA The Investors Return On Investment! If an investor is looking at an apartment building to buy, the classic valuation methodology will be Net Operating Income or NOI divided by an assumed capitalization rate for a given neighborhood! This is true whether the […]
It’s certainly no secret that in many of the nations housing markets the price to rent an apartment has been going in one direction…up! But, as the famous phrase about gravity suggests, what goes up must eventually come down. After all whether it was tulips during the 1600’s, technology stocks during the late 1990’s or […]
To celebrate closing your largest deal ever or maybe your 25th wedding anniversary, why not do it in style! And to help make that happen, in NYC anyway, presented below is a list of the Top 10 Best Restaurants! Editorial Note: Not being a food critic or anything close to resembling a gourmet eater I do […]
New York City, arguably one of the United States most important cities, appears to be operating with a leadership vacuum at the top! I will present the story providing the anecdotal evidence supporting my thesis in a moment. But, as someone who lived in Manhattan and who now owns a business that relies on the social and criminal stability […]
Curbed NY has compiled a list of locations available to view the July 4th Macy’s fireworks display in New York City! Tickets may be required and they sellout quickly so make your move today. BROOKLYN BRIDGE PARK – PIER 1 Perhaps the most obvious location for viewing the fireworks (and as one of the show’s official […]
