Stability Amid Uncertainty: 2020 U.S. Real Estate Market Outlook
2020 could be a pivotal year for the U.S. commercial real estate industry, with geopolitical, economic and local regulatory issues in keen focus, according to analysts at CBRE. Despite transformational changes, CBRE’s 2020 U.S. Outlook predicts a very good year for commercial real estate. Resilient economic activity, strong property fundamentals, low interest rates and the… Read more »
For AI to Change Commercial Real Estate It Can’t Live in a Black Box
We have all bought into the promise that AI is coming to commercial real estate. Decisions are going to be made with orders of magnitude more sophisticated than they are today. We are going to look back on our valuation processes in a few years like doctors before the discovery of germs, like mathematicians before… Read more »
Billionaires Succeed in Part Because They Share 3 Specific Traits
If you want to learn how to do anything, it makes sense to learn from the best. It’s no different in the pursuit of success. Why not learn from those who have climbed to the most rarified air –successful billionaires. A new report from investment bank UBS and Pricewaterhouse Cooper reveals an interesting conclusion. Billionaire-controlled… Read more »
Watch Kalmon and Neil Dolgin on Building NY: NY Life Stories – CUNY-TV – Jan 26th
Watch Sunday, January 26 on CUNY-TV (12pm noon) Building NY: NY Life Stories The Dolgin Family; Four Generations of a family business As told by Kalmon Dolgin & Neil Dolgin, Co-Presidents, Kalmon Dolgin Affiliates Watch as Kalmon and Neil Dolgin tell the 116-year story of Kalmon Dolgin Affiliates. A new 30-minute interview by host Michael… Read more »
Adventurous Exercisers Coming to Brooklyn
BKBX, a first-of-its-kind fitness brand bringing together elements of adventure sports with the latest in fitness and technology, will open a new training and recovery center in the high-end residential building 87 Kent Avenue in Williamsburg, Brooklyn. Opening in the summer of 2020, BKBX Williamsburg will span three levels and a total of more than… Read more »
NYC CRE Tech Summit
Commercial real estate has seen an enormous increase in tech platforms in recent years. As construction costs and land prices continue to rise, cutting costs is crucial. More and more property owners are turning to new technology to help save, increase efficiencies and optimize their investments. On Feb. 20, BISNOW is bringing together the NYC… Read more »
Blackstone picks up Canarsie shopping plaza for $130M
The Blackstone Group bought Canarsie Plaza, a 274,000-square-foot shopping center anchored by BJ’s Wholesale Club in southeast Brooklyn for around $130 million. The seller was Los Angeles–based CIM Group. JLL brokered the deal on behalf of the seller. CIM has owned the shopping center at the intersection of Remsen Avenue and Avenue D since it… Read more »
Meet Our Brokers – Fred Rufrano and James Dario Jr.
Fred Rufrano and James Dario Jr. have logged 55 years working at Kalmon Dolgin Affiliates. They bring wide-ranging experience to our clients. We recently interviewed them. KDA: When did you join Kalmon Dolgin Affiliates? James: I started in 1995 …. 25 years; it went by pretty fast. It feels like it passed by in a… Read more »
How Automation And Technology Can Benefit Your Real Estate Business
It’s no secret that automation and technology can help a business. But if you haven’t considered exactly how it can help — you just know that it can — you might be reluctant to make an investment and opt to do things old-school. At Kalmon Dolgin Affiliates, we’re all about applying the latest prop tech,… Read more »
Dolgin Family Featured on ‘Building New York – New York Life Stories’
Our own Neil A. Dolgin and Kalmon Dolgin, co-presidents, were recently interviewed by host Michael Stoler on Building New York – New York Life Stories, a TV show that profiles the lives of individuals who have had an impact on the business and community affairs of the Tri-State region. Over the course of a 30-minute… Read more »
A New Book Documents The Last Apartments In New York City’s Legendary Hotel Chelsea
Located on West 23rd Street, between 7th and 8th Avenues, Hotel Chelsea is firmly part of American lore. Originally opened in 1884, Mark Twain, Allen Ginsburg, Andy Warhol, Arthur Miller, Leonard Cohen, and Patti Smith are among the artists, writers, musicians, and poets who have called the hotel home. For over 100 years, the Chelsea… Read more »
Brokerage Beyond Basics: Successful Approaches to a Difficult Market
For some brokers, a rapidly fluctuating market is a source of anxiety. For Morris Betesh, senior managing director of Meridian Capital Group, and his team of eight, it’s a source of excitement. And lately, there’s been plenty of it as he and his team are closing an average of 60 deals annually. How do they… Read more »
Foreign Investors Weigh In on the Key Plays in CRE
The U.S. continues to see persistent investment streams from foreign investors, but the players are changing, as are the target assets. At Commercial Observer’s Financing Forum in Los Angeles, lenders and equity investors discussed which markets are drawing the most attention from overseas capital, and the challenges they face today. Nobu Hirabayashi, a managing director… Read more »
9 Big New York Infrastructure Projects
While New York City is an innovative and influential global metropolis, its aging and outdated mass transit infrastructure has not kept pace with other leading cities around the world. But leaders like Gov. Andrew Cuomo and New York City Council Speaker Corey Johnson have been looking to transform New York’s image – both downstate and… Read more »
Which Infrastructure Upgrades will get a Green Light this Year?
The race is on to lobby lawmakers and Gov. Andrew Cuomo on the state Department of Transportation’s next five-year capital plan. A coalition of construction and business groups called Rebuild New York Now is pushing for more funding of local transportation infrastructure, with a particular emphasis on small projects to fix issues with roads and… Read more »
5 Policy Issues That Could Affect Commercial Real Estate In 2020
Beneath the noise of the White House race, policy debates will take place from the halls of Congress to local city councils that could have significant impacts on the commercial real estate industry. Local and national policymakers will continue to put forward potential solutions to the housing affordability crisis, and major economic policies like trade… Read more »