Early this year the news surfaced that the MTA needed to do major repairs on the catastrophic damage the 2012 superstorm Sandy wrought on the Canarsie Tubes that run beneath the East River. On Monday, they announced that they would be shutting down the tube…

With neighbors that include the supernova that is North Williamsburg, reigning favorite Greenpoint and burgeoning Bushwick in Brooklyn and understated overachiever Ridgewood in Queens, it’s easy to make the assumption that, like south Brooklyn’s Gowanus, East Williamsburg is the luckier winner-by-proximity than flyover zone. Though, due…

Interview with David Schwartz of Slate Property Group about the state of new development and affordable housing opportunities in Brooklyn neighborhoods since the 421-a tax abatement program expired, given the program’s uncertain future. Despite talk of poor doors and impossible-to-win lotteries for too few spots,…

DEVELOPMENT ON A GROUND LEASE By Dennis M. Sughrue Developers in New York now confront a stark, new reality. In established Manhattan and Brooklyn neighborhoods, for the first time in memory, land prices exceed construction costs. This calculus shapes the development landscape in profound ways….

How to Use General Solicitation and Advertising in Regulation D Equity Offerings               The founder of Andrew Abramowitz, PLLC, Andrew Abramowitz specializing in securities offerings, startup matters, mergers and acquisitions, securities law compliance and other general corporate law matters….

How the borough will look in five years  If Brooklyn was not a borough of NYC, it would be the fourth largest city in the United States. As the borough of Kings slips out of Manhattan’s shadow, we see that the pillars that most define…

 Coming out of 2012, the strong rental market continues to drive up the value of development sites. How is this actually playing out? An investor signs a contract on a deal and he can flip it for a few percent more a few months later. We’re…

In this issue of thinking like a developer, we focus on the product, the people, and the place you’re building. Are you creating the right inventory for the right area to satisfy demand and maximize your return? Let’s put on our urban planning hat for…

As the Brooklyn market undergoes dramatic changes, it’s increasingly important for us to regularly ask: are we doing enough to maximize the return on our real estate investments? Any number of obstacles can get in the way; fortunately, we think about these things a lot…

SEASONED investors have been developing in Brooklyn for years, but with development sites in top neighborhoods like Williamsburg and Brooklyn Heights reaching (and exceeding) $200 per buildable square foot, double the average for the rest of Brooklyn, market watchers wonder, how high can it get?…