Tag Archives: NYC CRE

Mortgage Tax Expansion: New York’s Commercial Real Estate Industry Is In The Crosshairs!

  Cash Cow, Easy Money, Low-Hanging Fruit, Meal Ticket, Golden Goose… These are just some of the words and phrases to describe how the real estate industry in New York State and New York City in particular is viewed by the powers-that-be in Albany and City Hall! And of course it’s not just the developers […]

NYC Real Estate Developers Are Infallible, That Is Until They’re Fallible!

5th avenue nyc photo

No matter the endeavor there are times when simply playing the game is enough to ensure success…At times commercial and residential real estate ownership and development are no exception! In other words when prices in a specific real estate market are steadily headed in one direction, up, there is no specific trick to making money. […]

Changes To NYC Air-Rights Policy Are On The Horizon

The de Blasio administration is considering changes to NYC air-rights policy! Summary: Two changes that are currently under consideration…  ‘The first would involve private transactions, which allow developers to buy unused square footage from owners on the same block…Community groups have criticized the process as being too opaque, and have suggested that the city increase transparency […]