Medical Office Building.
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Kalmon Dolgin
Affiliates inc.
Est.1904
Kalmon Dolgin Affiliates, Inc.
© Copyright 2022
© Copyright 2022
Medical Office Building.
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 »
June 24, 2022
While rapid inflation is plaguing many parts of the economy, the impact is relatively muted for commercial real estate tenants and landlords, both of which should be more focused on real estate market conditions. Real estate costs tend to be fixed with predetermined escalations on deals that typically average five to seven years nationwide. Occupiers… Read more »