Tag Archive for New York City

Footing the Bill for Affordable Housing

house frame

As a general rule, real estate development, whether residential or commercial, takes place in response to demand. Sure, we all know that isn’t always the case–in the Philadelphia/South Jersey areas, we’ve seen a few hotels and casinos built with considerable financing and…

The Mensch & Schlemiel of the Week

bill deblasio

Mensch: Noun. A decent, upright, mature and responsible person. Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail. A loser. Mensch of the Week: Bill De Blasio, Mayor of New York City Back in 2012,…

International ETF Investment Heats Up

hong kong

Sometimes, poor or mediocre real estate performance can actually be a good thing. Sometimes, slow real estate rent growth is a good sign. Wait–really? Well, yes. For some yield-focused international real estate investors, a sluggish market may offer just the…

Top 10 Most Pricey Luxury Hotels in the U.S.

lux hotel utah

The Independent Lodging Congress is coming up at the end of this month, September 29-30 in Philadelphia, and that’s gotten me excited about upscale and luxury hotels–those higher-end hotels that are sometimes (though not always) independently owned and operated. Well, today…

The Mensch & Schlemiel of the Week

30park

Mensch  Noun, informal. A decent, upright, mature and responsible person. Schlemiel  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week: Larry Silverstein, Silverstein Properties Larry Silverstein, the Brooklyn-born real estate developer and…

Affordability in New York City

Bill_de_Blasio_11-2-2013

Development pipelines and market demand aren’t always in agreement with one another. For one reason or another, a developer may choose to push for a project that isn’t the most useful option for a market or submarket’s growth. I talked…