In 2017, Congress established a new community development program known as Opportunity Zones in order to encourage long-term investments in low-income urban and rural communities nationwide. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing into Opportunity Zones designated by… Continue Reading What Are Opportunity Zones and How Can Investors Utilize Them?
Inside the Gulf – Part 3 – This series of articles will explore several major projects taking place in the Persian Gulf countries. As the United States takes more of an “America First” approach towards foreign policy, China is looking to step in to the potential void left by the US as the dominant world… Continue Reading Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)
It’s no secret that major cities across the United States – particularly the coastal gateway markets – are facing significant housing shortages for middle- and low-income residents. New York and California are facing the greatest challenges. Of the top 10 least affordable housing markets in the country, three are located in New York (Manhattan, Brooklyn,… Continue Reading Promoting Affordability Through State Regulation of TODs (5 mins)
by Vishal Mehan Atlantis, the mythical island that sank mysteriously around 8400 BC has always been a popular topic amongst both meteorologists and mythologists. But the ancient ballad may very well be a 21st century phenomenon, with scientists predicting sea levels to rise by a minimum of 7.5 feet by 2100, and that estimate is… Continue Reading Atlantis
Companies look inland for improvement. The third in a series of articles on how changes in port infrastructure and development can impact industrial real estate. The first article addressed the need for government authorities to prioritize spending on port infrastructure. The second article addressed the shifting role of rural river ports in communities. To read… Continue Reading Inland Possibilities
The importance of rivers is pervasive in urban history. Rivers initially provided humans with a source of food (fish) and fresh water, but most importantly allowed for agriculture which provided for the growth of substantial urban populations. In the United States, the major growth of cities took place during a global period of rapid industrialization,… Continue Reading Taking Back the Riverfront in America’s Largest Cities
As driverless cars begin to hit the market and ride share services such as Uber and Lyft continue to thrive in the majority of US cities, developers are beginning to reconsider the parking lot landscape in the multifamily, office, and retail arenas. This shift can be seen even more in retail, however, due to its… Continue Reading Creative Reuse: How Developers Can Take Advantage of Excess Retail Parking Space
New York City is undeniably facing a housing affordability crisis. In a recent interview, Jonathan F.P. Rose, founder and president of Jonathan Rose Companies and the Cornell Real Estate Council’s 2017 Industry Leader Award recipient, estimated that New York City has a shortage of 800,000 affordable housing units – equating to 26% of New York… Continue Reading NYC’s Affordability Crisis: Is 421-a Extension the Solution?
Industrial real estate in the U.S. is booming. Fueled by e-commerce companies such as Amazon, the industrial real estate sector is experiencing one of the longest and strongest expansions on record. According to a report by Cushman & Wakefield (C&W), the industrial sector just reached its 28th consecutive quarter of gain in net occupancy with… Continue Reading Government Officials’ Shortsighted Port Investment Hampers Industrial Market
With the IOC recently coming to agreement with Paris and Los Angeles to host the 2024 and 2028 Summer Olympic Games respectively, the earnest work begins for each city to deliver on its promises. As both cities have the experience of hosting large sprawling city events almost annually – this will be each city’s third… Continue Reading Summer Olympics 2028: The Route for Los Angeles to Earn the Gold Medal