NYC’s Development Site Market Is Changing. So Is the Way We Create Value. – Commercial Observer
The New York City development site market is experiencing a significant resurgence, and the implications extend well beyond…
Manhattan’s Office Sector Has Become the Corporate World’s Surest Bet – Commercial Observer
With every new Manhattan office report of late, the good news flows like lava. Leasing volume was up…
In Manhattan Investment Sales, the Money Is Moving Faster Than the Market – Commercial Observer
There are many ways to measure the health of the New York City commercial real estate investment sales…
The Decisions That Changed Everything – Commercial Observer
People often ask me what the secret was to building a business that sold more than three times…
New York City’s 485-x vs. 467-m: Two Very Different Development Incentives – Commercial Observer
For decades, the comic strip “Goofus and Gallant” has taught generations of children lessons on how to act,…
The New York Knicks Were Stonecutters Last Night – Commercial Observer
Last night, the New York Knicks delivered one of the greatest comebacks in sports history and the single…
The Window for Seizing on New York’s Class B and C Office Rebound Is Closing – Commercial Observer
For years, the narrative surrounding New York City’s Class B and C office market was overwhelmingly negative. Vacancy…
New York City’s Class B and C Office Recovery Is Real — and Accelerating – Commercial Observer
For several years, the narrative surrounding New York City office buildings, particularly Class B and Class C assets,…
Gary Barnett Buys Friars Club Building for $19M – Commercial Observer
Developer Gary Barnett’s Extell Development has purchased New York City’s former home of comedy, the Friars Club building…
New York’s Pied-à-Terre Tax Would Be Economic Self-Sabotage – Commercial Observer
Every few years, Albany revives an idea that may sound politically attractive but is economically destructive: the pied-à-terre…
In New York City, the Ballot Is the New Zoning Map – Commercial Observer
For most of my career, I have told clients that if you want to understand value in New…
New York City’s Rent-Stabilized Buildings Are Becoming a Long-Term Hold – Commercial Observer
Trying to solve the affordability problem in New York City is like banging your head against a wall.…