Your New Way To Sell Your Apartment Building

8 Cap – NNN Ground Lease – Northern NJ Bank – Not on Market

This New Jersey-based bank has almost $6 billion in deposits. If you’re tired of the hassles of operating multifamily — tenants, taxes, trash — here’s your exit strategy. If you’re interested in diversifying your portfolio with a property near you, here’s your … Read More

August 31, 2010

New York Multifamily Owners Throwing More Than Rose Petals At Andrew Cuomo’s Feet

Back in May, we first blogged that New York multifamily owners should breathe a sigh of relief with Andrew Cuomo. Even though Democrats controlled the State House, Senate, and Governor’s mansion, they were unable to pass any pro-tenant, anti-apartment building owner legislation. … Read More

August 23, 2010

Will Perfect Cell Phone Service Cause NYC Apartment Building To Collapse?

First, the good news: If you live at 165 Pinehurst Avenue, in Washington Heights, you get excellent cell phone reception: two cellphone base stations and 20 antennas, positioned on your building’s roof, send and receive thousands of calls each day … Read More

August 22, 2010

New York Multifamily, The Ground Zero Mosque & Terrorism

What does the Ground Zero mosque have to do with New York City apartment buildings? First, a review, or re-framing of the controversy: Charles Krauthammer, like many reasonable conservatives, makes the point that freedom of religion does not equate with … Read More

August 16, 2010
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