Latest Post

New Jobs Bill – What Will it do for Multifamily Real Estate?

Employment and lack thereof remains a major concern for the government; rightly so. In response, it is initiating laws and bills to kick-start economic revival by way of employment. Legislation concerning job growth is underway, attempting to bolster job openings, hiring speed, and market confidence. Various bills that will inject over $50 billion [...]

Latest Post

Is ‘Bad’ Really Priced Into the Market?

Last Saturday’s New York Times article titled “Real Estate Looks Risky, but Less So for Bargain Hunters,” which takes a look at the current climate of commercial real estate investing, posed an interesting question in my mind. “‘The trick with investing in commercial real estate is not knowing if something is bad, but knowing if [...]

Featured Post

Symbolism in the Stuy Town Foreclosure?

As we all read in the news this week, Tishman-Speyer has “given up the keys” on the Peter Cooper/Stuyvesant town asset. Thinking about it reminded me of a few years ago, when the acquisition was made, and the subsequent ripple effect it had through the marketplace. There were many other smaller multifamily purchases [...]

Asides

• 1/29/10 - After the collapse of Tishman Speyer's Stuyvesant Town/Peter Cooper Village deal ending in a deed-in-lieu of foreclosure, suitors of all types are vying for control of the New York multifamily complex. One of them, apparently, is The Donald. #
• Please take a moment to urge our public officials to move the the trial of the 9/11 terrorists from Lower Manhattan. "Lower Manhattan, the center of the financial markets around the world, is the third largest central business district in the country with nearly 100 million square feet of office space, more than 8,000,000 visitors a year, a daily workforce of almost 315,000, a residential population of 140,000, 16 subway lines and the New York/New Jersey PATH train that links the area to the rest of the city and the region. This is the worst possible site for a trial of this magnitude." Move The Trial #
• New York Multifamily has changed its look. What do you think? #