Panelists agreed: Queens is on fire!! Good transportation, new ferry services have attracted buyers, renters, night life, restaurants, comedy clubs to the borough. Long Island City, and other newer neighborhoods are "hidden gems."
Ownership of a home or business is a much sought-after goal. Representatives of banking, finance and real estate discuss changes in their industry: the return of the buyer, lower rents in some locations, and Manhattan, as a safe-haven for foreign buyers.
The real estate market may have been a bit slower in 2017 - domestic sales, down from last year; less development; more refinancing - the panel of bankers and real estate lenders agreed there's always money for good real estate! Banks deal conservatively.
New York City is experiencing a construction boom in many sectors: housing, retail, hospitals, health institutions, schools, office buildings-a $30 billion boom-not seen in many years! Panelists discuss union/non-union, open shops/merit shops.
Regulation/Deregulation - one of many topics discussed by banker - panalists; brick-and-mortar vs. internet banking, the importance of customer-centric banking and more
Bankers, developers and members of the New Jersey Redevelopment Authority discuss their combined efforts to help communities grow and prosper. Affordable housing, business development, public and private investment, transportation, planning are discussed.
With government cooperation and residence support, careful planning and development, Yonkers is booming! Rents are lower, proximity to Manhattan and good transportation, attract empty nesters and the Millennial Generation to this urban-suburban city.
Three of New York's outstanding members of the restaurant business bring together their skills as celebrity chef, restaurateur, senior management to enhance the New York consumer's enjoyment of sport events and entertainment venues.
Panelists discussed the possibility that the office market is being over built, agreeing that it's a tenants market with more properties to choose from! Amenities are being offered by some landlords. Office sharing a good part of the conversation.
An office condo is a unit in a building that can be purchased rather than leased from the owner/developer of the building. Panelists discuss the advantages of ownership, particularly - but not limited to - a not-for-profit organization.
29 min
About CUNY TV's The Stoler Report
From the publisher's feed
The Stoler Report, Real Estate Trends in the Tri-State region, is New York's only television broadcast featuring real estate and business leaders. Hosted by Michael R. Stoler, the monthly program…
features lively round-table discussions of topical issues in the world of real estate. The series has aired on CUNY TV since 2003.