Blog

Manhattan retail rents tick up as recovery slogs along

June 6, 2022 | Commercial Real Estate

Nine of 17 corridors saw asking rents rise as tenants face supply chain, labor issues By Sasha Jones at The Real Deal   Manhattan retail rents are on the rise but remain below pre-pandemic peaks....

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I’m on a Monthly Lease. Can My Landlord Suddenly Evict Me and My Dog?

June 6, 2022 | Landlord-Tenant

Renting on a month-to-month basis can leave tenants in a vulnerable position. But landlords often want to make a deal rather than evict. By Ronda Kaysen at The New York Times Q: My wife and...

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Nine Must Reads for the CRE Industry Today 

May 25, 2022 | Commercial Real Estate

Suddenly finding itself with too much space, Amazon is looking to sublease some of its excess warehouse space, reports Bloomberg. Despite rate hikes, the Mortgage Bankers Association expects CRE lending volume to hold steady...

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Hamptons Summer Landlords Rejoice Due to Rent Law Amendment

May 13, 2022 | Landlord-Tenant

As we all know, the Housing Stability and Tenant Protection Act (HSTPA) of 2019 placed a limit on how much security deposit a landlord in NY can collect from a tenant (the equivalent of...

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The New York Times: ‘High-Rise Hell’ N.Y.C. Skyscraper’s Elevator Breakdowns Strand Tenants

April 6, 2022 | Uncategorized

A luxury residential building in the financial district with more than 750 apartments has been experiencing lengthy elevator outages since the fall. By Karen Zraick and Ashley Wong at The New York Times    When it was completed in...

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Adams’ Economic Blueprint Targets Central Business Districts

April 4, 2022 | Uncategorized

BY: Brian Pascus at Crain’s New York Business  Mayor Eric Adams has big plans to revitalize New York’s central business districts as the city emerges from Covid-19. The mayor’s blueprint includes expanded promotional campaigns,...

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Op-ed: How commercial property owners can prepare for an influx of electric cars

March 31, 2022 | Uncategorized

By: Daniel Colombini and Vinod Palal at Crain’s New York Business Daniel Colombini and Vinod Palal are principals at New York City-based consulting engineering firm Goldman Copeland.     The use of electric vehicles in the United States is...

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Harry Macklowe Reimagines a Downtown Manhattan Office Tower

March 28, 2022 | Uncategorized

Harry Macklowe Reimagines a Downtown Manhattan Office Tower Macklowe Properties’ conversion of the landmarked One Wall Street into 566 condos represents the largest such conversion in NYC history BY TOM ACITELLI at Commercial Observer ...

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The New Queens And Kings Of New York City Real Estate

March 17, 2022 | Uncategorized

2020 was, of course, a historic downturn for New York City, but as that year came to an end, activity and transaction volume began to increase once again. This uptick in activity has continued through...

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Council Calls for Crackdown on ‘dark stores’

March 17, 2022 | Uncategorized

Vacant retail spaces across the city are being turned into makeshift warehouses by app-based grocery delivery companies — in potential violation of zoning rules, according to City Council members looking to crack down on the...

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Chaves Perlowitz Luftig LLP