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Hotels Entertain Creative Ideas to Boost Revenue

Hotels Entertain Creative Ideas to Boost Revenue

New York City hotels are grappling with all-time low vacancy rates as a result of the pandemic. When the crisis began in March occupancy dropped from 90% to 15%, and has remained steady in the single digits according to the Commercial Observer. Creative thinking and...
New York Forward Loan Fund

New York Forward Loan Fund

New York state is helping small businesses with the New York Forward Loan Fund (NYFLF). This is designed to help small businesses, non-profits and residential landlords with operating and re-opening expenses as a result of the Covid-19 pandemic. 90% of all New York...
Understand Your Landlords Situation

Understand Your Landlords Situation

Prior to embarking on a lease negotiation it is imperative to understand your landlords financial situation. The better you understand your landlords position, the better you can negotiate. Let an experienced broker guide you through these lease...
The Post Covid Leasing Market

The Post Covid Leasing Market

The last 10 years have been a landlord’s market. This is all changing as collections are increasing and landlords are seeing negative cash flows. As of April, the general consensus was 70% of tenants were paying rent. May and June saw even lower rates of...
Amazon Acquires NYC’s Lord & Taylor Building

Amazon Acquires NYC’s Lord & Taylor Building

Amazon is one of the pioneers in bringing employees back to NYC after acquiring Manhattan’s iconic Lord & Taylor building. 2,000 employees are set to be working from the site – officially in 2023 when they begin moving into the space. Creating 2,000...