How Commercial Property Owners Are Adapting to a Greener World
This is likely not news to anyone in the industry, but commercial buildings have immense energy needs. This is putting a great strain on the nation’s power grids. According to the U.S. Department of Energy, the annual electricity use for commercial building space is an incredible 14 kWh per square foot, which is the… Read more »
Kalmon Dolgin Interviewed on The Stoler Report
Kalmon Dolgin, co-president, recently taped a panel discussion on the Outlook on Industrial Market in 2020 with host Michael Stoler for The Stoler Report (CUNY-TV). Watch here. Guests: Kalmon Dolgin Co-President, Kalmon Dolgin Affiliates Andrea Himmel Director, Strategic Acquisitions , Himmel + Meringoff Properties Dan Marks Partner, TerraCRG John Ritter Executive Vice President, Sholom & Zuckerbrot Since 1968,… Read more »
Hilton’s Motto Will Be Brooklyn’s Tallest Modular Hotel
A slender, 26-story hotel that’s planned for Downtown Brooklyn could claim the crown of Brooklyn’s tallest modular hotel. The Motto by Hilton will replace a single 33-foot wide townhouse at 88 Schermerhorn Street, and rise over 300 feet, making it the borough’s first high-rise modular hotel. The Brooklyn property is slated to be… Read more »
Lenders and Brokers Confident About Fundamentals, Immediate Future of CRE
From the Commercial Observer’s fourth annual Fall Financing Commercial Real Estate Forum: As the capital markets landscape continues to become increasingly intricate and sophisticated with every passing year, lenders and investors have likewise become more nimble and astute, showcasing a heightened sense of discipline when it comes to their respective tolerance for risk. This has… Read more »
Behind The ‘Secret Sauce’ Of The Neighborhood That Landed Google And Disney’s Huge New Campuses
As New York City morphs into a national technology hub, the office market in Hudson Square — a small neighborhood just north of Tribeca that feeds into the Holland Tunnel — is shaping up to be a major beneficiary. In the past year, Google and Disney have decided to plant their flags there, planning… Read more »
NYC Building Owners Are Still Waiting To Act On New Emissions Restrictions
Landlords and developers play a large part in the city’s goal of drastically reducing carbon output by 2050. In April, the city council passed the Climate Mobilization Act, a package of bills that will fundamentally change the way buildings will be built and operated in the city. At its heart are new rules that set… Read more »
Real Estate Veterans Will Get Schooled By This New Law
A new law, signed by Gov. Andrew Cuomo in late October, eliminates the ability for longtime real estate license holders to be exempt from 22.5 hours of continuing education starting on July 1, 2021. Previously, any agent or broker licensed before July 2008 who continuously held their license for at least 15 years would be… Read more »
Holiday Gift: Amazon’s Top 20 Business and Leadership Books
Need a suggestion for a holiday gift for your business friends? Amazon just published their list of the top 20 best business and leadership books. Super Pumped: The Battle for Uber by Mike Isaac: Vanity Fair called it, “a riveting read about bro culture gone awry.” The Ride of a Lifetime by Robert Iger: Former… Read more »
Meet Our Brokers – Robert Klein and Jeff Unger
Robert Klein and Jeff Unger We recently checked in with two of our longest serving brokers — Robert Klein and Jeff Unger. Robert has been a commercial real estate broker with Kalmon Dolgin Affiliates for 35 years. Jeff joined us 20 years ago. KDA: How long have you guys been friends? Robert: Jeff and… Read more »
Tech Smarts vs. Street Smarts: Why Both Are Essential to Remaining Ahead of the Curve in Today’s Commercial Real Estate Marketplace
by Neil A. Dolgin, Co-President As with virtually every industry and aspect of our lives, commercial real estate continues to reap big benefits with the help of technology these days. From enhancing property research and corporate websites to more sophisticated customer relationship management (CRM) platforms, cloud storage, social media tools and the growing popularity of… Read more »
Think You Have the Leadership Gene? Answer These 6 Questions to Find Out
Leadership is both a gift from birth and a learned skill. For anyone who has led large teams in business, you know there are certain methods and best practices that are important. Over-communicating with employees, clearly setting expectations, leading by example–you can learn these things at any leadership seminar. Yet, for anyone in leadership, you… Read more »
Industrial Outlook Calls for Steady Growth in 2020
Despite concerns about the long-term impact of tariffs and the potential for an economic downturn, the outlook for the U.S. industrial sector heading into 2020 remains positive, according to industry executives who spoke at the recent Avison Young U.S. Industrial Summit in Chicago. The sector experts cited low vacancy rates and rising rental rates among… Read more »
Forget The Last Mile: New Jersey Is Building Big To Meet Industrial Demand
New Jersey continues to see a growing number of new industrial buildings to meet increasing demand. Distribution centers in Northern and Central New Jersey continue to be snapped up almost as soon as they are made available, no matter the size. Industrial rents in the region rose slightly from the second to third quarter, continuing… Read more »