The Impact of Autonomous Cars on Real Estate

August 4, 2016

The Impact of Autonomous Cars on Real Estate Deloitte, the accounting and consulting firm, recently gave a presentation on the impact of autonomous or self-driving cars on the automobile industry, the transportation industry, and infrastructure. In order for this innovation to become commonplace, it will have to be perfected and passed through a regulatory system. […]

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Interest Rates: Too Low for Too Long

July 22, 2016

Interest Rates: Too Low for Too Long Recently, there was an article in Bloomberg News entitled Negative Rates Hit Global Shipping Market. The article details remarks from Nils Smedegaard Andersen, CEO of shipping giant A.P. Moeller-Maersk (“Maersk”). Andersen makes a good case for the assertion that “cheap money” is hampering consolidation in his industry. Low-interest […]

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Minority Shares: It’s Complicated

July 8, 2016

Minority Shares: It’s Complicated There is seemingly an infinite number of ways real estate is owned and sold. In most cases, the owner of real estate has a deed for a property, and when the property sells, the deed is transferred to the new owner in exchange for value. In other cases, the property may […]

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Revitalizing a Small Town on the Micro and Macro Levels

June 2, 2016

Revitalizing a Small Town on the Micro and Macro Levels As part of a program called the Counseling Corps that is sponsored by the Counselors of Real Estate (“CRE”), we periodically volunteer for nonprofits and municipalities, or other religious, educational, and government clients who need help with a complex real estate problem. A handful of […]

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The Importance of Teamwork in Lease Negotiations

May 20, 2016

The Importance of Teamwork in Lease Negotiations When an entity is in search of a new space for its operations, there are some key players who make the deal happen. I happen to be a licensed attorney in New York State, but in my role as a tenant representative, I am limited in the legal […]

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New York City’s Sprinkler Law: A Crash Course in Capital Improvements

May 5, 2016

New York City’s Sprinkler Law: A Crash Course in Capital Improvements If a new building department regulation goes into effect subsequent to the signing of a lease, either the tenant or the landlord has to comply with that regulation. In most cases, the landlord stipulates that the tenant is fully responsible for complying with all […]

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Technology Takes the High Road in Warehouses

April 21, 2016

Technology Takes the High Road in Warehouses Technology has improved the way warehouses and delivery trucks deliver. Recently I met with some clients who were in the market for a warehouse space. Normally, when discussing a space, the client’s greatest concerns include the square footage, IT connectivity, and usable space—but in the world of warehousing, […]

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As the Economy Stumbles, Subletting Soars

March 29, 2016

As the Economy Stumbles, Subletting Soars Last year I had the pleasure of representing a foreign client who wanted to find a retail space. One of the storefronts we were considering was adjacent to a large corner unit that was leased to an accessory unit of a world famous brand. Recently, I found out that […]

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Tenant Representative Brokers Build Relationships on Foundations of Trust

March 15, 2016

Tenant Representative Brokers Build Relationships on Foundations of Trust Recently, I attended a networking event that brought up the topic of how our clients perceive us. They framed the discussion around three questions: 

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Who Is Responsible for Snow Removal?

March 1, 2016

Who Is Responsible for Snow Removal? After Winter Storm Jonas (more popularly known as Snowmageddon 2016), New York City had 2.5 to 3 feet of snow in places. It was hard not to notice that some patches of sidewalk were shoveled while others weren’t, requiring pedestrians to navigate alternative routes. Sometimes, this means walking out […]

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