While New York City is in the infancy of coronavirus Phase 2, the impact of the pandemic on the NYC economy has been stark and highly visible! This includes the large number of boarded-up stores lining the streets, and the dearth of any car/foot traffic on those same streets! The current state of the NYC […]
If the business or entity you are responsible for running needs to raise its top-line revenue number, in the hopes of potentially improving the bottomline number, what can be done? Simple! The business could simply raise prices being charged the consumer for the product(s), right? Of course that answer in many cases is not feasible, as there […]
New York City property value assessments, like those on Long Island, can often be based on data that is often considered by the owner to be somewhat inaccurate and/or open for debate. Maybe you should think about appealing! (Challenging Your NYC Property Value Assessment May Be Easier Than Ever originally appeared in the Commercial Observer, […]
For anyone who may be interested in throwing a low-ball bid at an apartment in Manhattan with an asking price of $100MM, now might actually be the time to do it! After recently examining the decline of the nosebleed-level apartment rents across U.S. markets like New York City (‘Apartment Rents: What Goes Up, Must Come Down!‘), today the […]
