Multi-tenant medical office building. Developed by Kalmon Dolgin Affiliates, Inc. and managed by KND Management.
July 5, 2022
For decades, the value of real estate has been determined by a number of key factors, such as closeness to markets, warehouses, transport hubs and major road links. While physical real estate often has considerable utility – e.g., for the storage of merchandise, accommodating people, and retailing products – a property’s value can be significantly… Read more »
June 30, 2022
New York City Councilman Keith Powers introduced legislation Thursday that could suspend the commercial rent tax on businesses below 96th Street in Manhattan, a move designed to bring relief to retail tenants still recovering from COVID-19 losses. If passed, businesses renting space in commercial buildings won’t have to pay an effective rate of 3.9 percent… Read more »
June 27, 2022
New York’s recovery from the pandemic reached a milestone last week when city office occupancy topped 40% for the first time since the March 2020 shutdown. The closely watched Kastle Back to Work Barometer increased to 41.2% last week, up almost five percentage points compared to the week of May 30 to June 3. The… Read more »
