Money available for ‘good’ NYC real estate projects
It is hard to fathom that it was less than two years ago when lenders were silent as the...
MOST RECENT ARTICLES BY:
Michael Stoler
Schools banking on public-private partnerships to develop new buildings
With the fiscally strapped state and city cutting financial support for the development of new buildings, a number of...
NYC becomes medical hub as hospitals grow
The major health care systems are expanding throughout New York City and beyond. The big news this month was the bankruptcy court’s approval of the $260 million sale of the Saint Vincent Catholic Medical...
Mobile banking cuts into bricks & mortar biz
Many years ago, commercial and savings bank branches were built as architectural cathedrals. Most of these large bank locations...
More and more REITs investing in Big Apple
Investors from around the world want to own commercial real estate assets in New York City. Equally important for ownership is the publicly traded and non-traded real estate investment trusts seeking opportunities in the...
Buy a NYC apartment for $7,200
Rochdale Village Can you imagine owning a one-bedroom co-op apartment in New York City for as little as $7,200? Or what about a three-bedroom apartment with a terrace for $15,600 with monthly fees of...
Is the first-time homebuyer’s tax credit really just a tax liability?
Thousands of taxpayers took advantage of the first-time homebuyer’s tax credit which expired last May. People who purchased a...
Canadian pension funds bullish on U.S. commercial real estate
Last year Canada’s pension funds and institutional investors became active as joint venture partners and owners of property in...
Bank on local credit unions for commercial real estate loans
As we enter 2011, a new entrant to the financing of commercial real estate is local credit unions. New...
Real estate loans still threaten banks
Based upon early indicators last January, it looked like some 200 banks were on track to fail in 2010. The number didn’t reach that high, but more banks went under across the country last...