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Is Inflation Impacting New York Real Estate?

Posted by Melvin Monachan | Apr 04, 2022 | 0 Comments

A year and a half ago, only the most optimistic speculators would have told you that NYC real estate would be back with a bang in 2022. Fortunately, they were right, and at least in the NY residential real estate sector, it's a seller's market with small, one bed/one bath apartments listing at ov...

The Future of Industrial REITs

Posted by Melvin Monachan | Mar 31, 2022 | 0 Comments

While some real estate investment trust (REIT) sectors have suffered over the past few years due to struggling economies and the pandemic, the industrial REIT sector has not. In fact, industrial real estate investments have enjoyed a steady increase in profitability over the last decade, and expe...

Lessons from the Amazon Warehouse Collapse

Posted by Melvin Monachan | Mar 31, 2022 | 0 Comments

What Happened On December 10, 2021, a tornado hit an Amazon warehouse in Edwardsville, IL causing it to collapse and killing six people. 40 Amazon employees survived the EF-3 storm, and lawsuits have already been filed. The tornado reportedly caused the roof to tear off, allowing the walls to fa...

Rental Bidding Wars in NYC

Posted by Melvin Monachan | Mar 24, 2022 | 0 Comments

The Current NYC Rental Market The current New York City residential rental market is experiencing significant competition and increased prices among rentals across the city. While a short dip occurred as Omicron worked its way through the city's population, New York City residential rentals have...

Omicron Impact on NY Commercial Real Estate in Q1 2022

Posted by Melvin Monachan | Feb 19, 2022 | 0 Comments

Previous Pandemic Effects on NY Commercial Real Estate In Q1 2021, New York City experienced significant losses in commercial real estate due to the COVID-19 pandemic. As business tenants scrambled to stay in business, New Yorkers as a whole felt the pinch as many workplaces were forced to clos...

Commercial Real Estate Trends for Q4 and 2022

Posted by Melvin Monachan | Feb 08, 2022 | 0 Comments

Every new year brings different commercial real estate trends, but with the pandemic still ongoing, it can seem like these trends are changing day to day. In fact, in the Fall of 2021, a ULI Americas survey predicted that commercial real estate values would increase 10% in 2021 and 7% more in 202...

Rents Are Going Absolutely Sky High

Posted by Melvin Monachan | Feb 07, 2022 | 0 Comments

2020 and 2021 put significant stress on the renting population. Unfortunately, it seems that 2022 will be no kinder. Rent all across the nation, but particularly in urban areas, is skyrocketing. The sharp uptick in prices has left many renters wondering about the benefits of homeownership and whe...

Investors Want Greener Buildings

Posted by Melvin Monachan | Jan 17, 2022 | 0 Comments

While sustainable real estate is nothing new, many real estate investors are choosing greener buildings when looking at investment properties in the hopes of lessening their carbon footprint and attracting more climate-conscious residents. Low carbon emissions, reduced water usage, and fewer cars...

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