Four Things To Know Before Making the Switch from Residential Real Estate to CRE
by Neil A. Dolgin For New York City’s ultra-competitive residential brokerage community, these are uncertain times. Amidst an already-softened sales market and growing concerns about a lack of affordable housing that have led to swifter rent stabilization measures and the possibility of a recession pending the outcome of the presidential election, it is also grappling… Read more »
What We Can Learn from Lewis and Clark
by Kalmon Dolgin During breaks from business-related work and trying to maintain sanity, I have been reading the story of the Lewis and Clark expedition, Undaunted Courage. I am struck by the similarities and lessons that we can learn from this venture which took place nearly 220 years ago, yet it remains relevant to the… Read more »
The Hottest Restaurants in Queens
UPDATED: When the Covid-19 situation subsides, here is the Queens Heatmap, a guide to new and recently reviewed restaurants in the mighty borough of Queens. Here are the places that the critics, bloggers, and restaurant obsessives are buzzing about, according to NY.Eater.Com. Keep note, and we’ll be back inside restaurants and bars all together in… Read more »
Lessons from Tesla’s Approach to Innovation
As technology and innovation scholars, we’ve studied how innovators commercialize new technologies and we’ve interviewed Elon Musk, his co-founder J.B. Straubel, and other important members of the team. What we’ve found is that beneath the turbulent surface, Tesla’s innovation strategy — which focuses on transforming the auto industry as a whole — offers enduring lessons… Read more »
Commercial Real Estate in the Age of the COVID-19 Virus
So what can the property industry do to immediately respond to COVID-19? The first thing that any property should do is educate its tenants. Whether the building is multifamily, offices, retail, or any other space, building tenants need to be aware of what steps they can take to prevent more people from getting sick. In IREM’s… Read more »
Plastics Cost The Earth, But There Are Alternatives
The facts about plastics pollution make for grim reading. According to a Plastic Oceans report, 350 million tons of plastic are produced every year, more, they say, than the combined weight of 7.7 billion human beings in the world. Eight million tons of plastic go into the oceans every year, a volume that could increase… Read more »
Kalmon Dolgin Affiliates Inc. Named a 2019 CoStar Power Broker!
Kalmon Dolgin Affiliates, Inc.(KDA), one of the New York metropolitan region’s leading commercial and industrial real estate firms, has been named a 2019 CoStar Power Broker, the industry’s most prestigious award from CoStar Group, honoring the very best brokers and brokerages in commercial real estate. KDA won this award based on overall transaction volume as… Read more »
The ‘Dangerous’ Ruling To Cut Down Skyscraper Could Reset Playing Field For NYC Developers
Credit: SJP Properties/Mitsui Fudosan America – 200 Amsterdam A stunning decision from the New York State Supreme Court that could force developers to tear down already-built floors from their Manhattan skyscraper could have massive implications for other buildings in the city under construction — and possibly some that are already built. BISNOW
The squeeze on resi brokerages is forcing consolidation, cooperation
Residential firms are going lean. Call it a sign of the times that these days brokerage executives show off their smarts by pulling out financial statements and reviewing expenses line by line. “Everybody is doing that right now,” said Steve Murray, president of Real Trends, which analyzes brokerage valuations. The question is whether they’re making… Read more »
Food and beverage sector gains ground in warehouse leasing
Home of the Blue Point Brewery and event space with 100,000sf of space on nearly 10 acres at Patchogue Lake, with great water views and an iconic clock tower as it’s focal point. A recent multi-million-dollar renovation was made to accommodate the brewery which is equipped with an entertainment venue as well as tasting rooms… Read more »
One Year Later: Looking Back at Amazon Ditching Queens
After Amazon decided they wouldn’t move their HQ2 to Long Island City after all, effectively breaking the NYC real estate industry’s heart, Queens is getting back to business with steady leases. “Amazon taught us a lot. It was proof that the LIC waterfront can be a strong commercial destination, but one of the main criticisms… Read more »
Not In My Back Highway: Inside the Fight to Rebuild the BQE in Brooklyn Heights
As the Brookyn-Queens Expressway (BQE) approaches 80 years old, the city has to decide what to do with the triple cantilever. DOT recently determined that, within five years, the cantilever will become structurally unsound and unable to carry the current amount of traffic. The agency is mulling whether it should be repaired in stages, rebuilt… Read more »