Winston Fisher

Recently, our own Spencer Burton was invited to participate in the Cornell Baker Program in Real Estate Real Estate Distinguished Speaker Series, a platform renowned for hosting leading voices in the real estate industry. During this prestigious event, Spencer had the opportunity to share his invaluable insights, particularly focusing on data-driven real estate investment. We recently wrote a blog post shedding light on how innovation in real estate, particularly through data analytics and technology, is revolutionizing real estate investment, as discussed in Spencer’s insightful interview. Check it out here: https://lnkd.in/gxE_ieEZ #Cornell #CornellRealEstate #RealEstateInnovation #CRETech #IndustryLeaders #RealEstateAnalytics #FutureOfRealEstate

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What We're Watching: Bill Rudin on state of commercial real estate, industry challenges and impact of high rates. REBNY (Real Estate Board of New York) #CommercialRealestate #InterestRates #OfficeSpace #NewYork https://lnkd.in/ecsUdxa7

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Don't forget to sign up for TMA NYC's upcoming webinar to gain a deeper understanding of the dynamics of distressed real estate. Make more informed decisions in your role by hearing how industry leaders predict the commercial real estate market will respond to the various issues that have led to its distress. Register now ➡️ https://lnkd.in/gUnRiHJu #TurnaroundManagement #TMANYC

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Ever wonder what it takes to manage pioneering projects in NYC like the first modular high-rise hotel or renovate offices for Fortune 500 giants? Devon Prioleau, founder of PRI-O-LEAU Development Group, LLC, has the answer. Discover Devon's background and the foundation of his success in real estate. From his unwavering belief in putting in the hours to be an expert to capitalizing on unique opportunities for financial gain, Devon's story is one of determination and community impact. Read the full story in the article and get inspired to take your real estate career to the next level.  🏙️👷‍♂️ https://lnkd.in/eBc4WWkD #realestate #propertymanagement #investing #NYC

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As the dynamics of the real estate market continue to evolve, office-to-residential conversions are becoming a more feasible solution to address both office vacancies and housing shortages in New York City. Initially met with skepticism, this concept is gaining traction thanks to recent incentive programs and a shift in developer enthusiasm. Prominent developers like SL Green Realty Corp., Silverstein Properties, and GFP Real Estate are now exploring conversion projects, such as the transformation of 750 Third Ave. Supported by new state budget tax incentives, these projects are moving from theory to reality. While these conversions might not solve all of NYC's housing and vacancy challenges, they represent a significant step forward. At BOMA New York, we recognize the importance of adaptive reuse in revitalizing our urban spaces and creating a more balanced real estate market. To learn more about the potential impact of these initiatives, read the full article: https://lnkd.in/eeDB7QSQ #CommericalRealEstate #OfficeToResidential #BOMANY #NewYorkCity #AdaptiveReuse

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Do modular homes appreciate the same as stick-built or traditionally constructed homes? We are often asked the question and our latest post explains...https://buff.ly/3xdfESo #ResidentialRealEstate #WestchesterRealEstate #ModularHome #RealEstateTrends #MortgageRates #RealEstatePredictions

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HOW CHANGING BEHAVIOR IS RESHAPING CRE -How demographics and psychographics are shaping CRE demand -Why migration trends are changing the CRE outlook -The new opportunities being created by evolving behavior . . .⁣⁣⁠ #nycrealestate #newyork #newyorkcity #manhattanrealestate #multifamily #newyorkrealestate #nycbuildingadvisors #realestatebrokernyc #stewartgroup #marcusmillichap #commercialrealestate

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New York City’s real estate market, renowned for its sky-high prices and fierce competition, often places homeownership beyond the reach of many residents. Faced with this reality, city dwellers frequently delay buying property, opting for renting and sharing apartments while saving up for that elusive down payment. However, co-ownership has gained traction as an alternative path to homeownership. By pooling resources, prospective buyers can enter the market sooner. This article delves into the advantages and disadvantages of co-owning New York City condos, co-ops, and townhouses. https://lnkd.in/eEFtwiVz #realestate #nyc #homebuyer #apartment #home #condo #coop #townhouse

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The most-read story from the previous week's Developer's Digest®, published by Crain's New York Business, covers office-to-residential conversions gaining traction in New York City as a solution to the housing shortage and office surplus, bolstered by a new state budget tax incentive. The Adams administration has launched a portal on the Department of Housing Preservation and Development's website detailing the program, which starts accepting applications later this year. Projects must begin between 2023 and July 2031 and be completed by December 2039, offering tax benefits lasting up to 35 years based on the project start date. To qualify, conversions must include at least six residential units, with 25% of the units being permanently affordable for households earning up to 100% of the area median income. At least 5% of these affordable units must serve households earning no more than 40% of the area median income, and the overall affordability average must not exceed 80%. Additionally, half of the affordable units must be two-bedroom units or larger, and no more than 25% can be studios. Conversions can occur citywide, with more substantial tax benefits for projects in Manhattan below 96th Street, where they will receive a 90% tax exemption initially, decreasing over time. To read more stories like this and to stay on top of the most recent news from the development world, subscribe to our Developer’s Digest® using the link below: https://bit.ly/3Qg1qXV #digest #dsa #nyc #weknowzoning #deveopmentsites #developmentnews

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How to Implement the STP Marketing Model in CRE in 6 Steps: https://lnkd.in/eTCTGV5X #CommercialRealEstate #STPmarketing #CREInnovation 

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Thank you to NYU Schack Institute of Real Estate for featuring Hoya Capital and CIO David Auerbach in their excellent "Meet the Managers" webinar series. The discussion is a 45-minute deep dive into all facets of the REIT industry - both current and past - and Hoya's research and portfolio management process. Watch the full interview here: https://lnkd.in/eCWvAp-h #REITs #Dividends #Investing #Income #Yield #RealEstate #Housing #Stocks #Bonds #HighYield #DividendInvesting #IncomeInvesting #Diversification #Inflation #realassets #investment

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Discover key insights from PRISM 2024! Manus Clancy outlines five reasons for optimism in the commercial real estate market. Learn more: https://lnkd.in/eN5P-6cP #LightBoxRE #PRISMPerspectives #PRISM24 #CRE #CommercialRealEstate

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The new #485x tax incentive is important to #realestate developers and owners. Design 2147 CEO Sisto Martello offers his insights on what 485x means for building and construction in #NYC.

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In the latest article from Real Estate Issues®, our peer-reviewed professional journal, Vladislav Ilic CRE REV MRICS discusses the harsh realities inherent in the eventual rebuilding of Ukraine. Read it here: https://lnkd.in/ewiMG_NX

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Owners of 64 NYC office buildings weigh conversions to apartments   Owners of 64 office buildings in New York City are exploring conversion into residences, following the city's Office Conversion Accelerator Program, the Gothamist reports. The initiative aims to address the city’s housing shortage and support Mayor Eric Adams’s objective of creating 20,000 apartments from offices in the next decade. However, the new apartments are not within reach for low-income residents, with none of the converted buildings offering affordable rents. The city’s planning department is suggesting changes to allow office conversions in any location where residential development is permitted, and to lower the age of office buildings eligible for conversion.   Read more: rdco.io/g8BA_hAjsDA   #ThomasTitleandEscrow #CommercialRealEstate #TitleTrove #Office #Multifamily #NYC

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