Tag: Economy

How the Debt Deal Will Affect CRE

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With a debt deal finally settled and an economy hanging on by a thread, the first plan of action for anyone who owns, leases or invests in property is to decide what to do next. All trends have been pointing toward a positive growth in the commercial real estate sector, but will this continue now […]

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Nassau Says “No” to Coliseum Renovation

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Around 100,000 Nassau County voters flocked to the polls yesterday to cast their ballot on the proposal for a new Coliseum– and the majority of residents decided they like their Coliseum just the way it is. Sixty percent of voters rejected the plans for renovation, which was going to include a minor league ballpark and […]

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CRE & Others to Benefit from Gov’t Spending Cuts

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Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce […]

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Experts Weigh in on the Economy

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Core consumer inflation rose to its largest increase in three years this May.  A core inflation of 3% has economists and financial experts feeling disturbed.  This is also the strongest monthly rise since July 2008. We are facing core inflation on both the goods and services sides.  There is a split between prices and activity, […]

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Keep Calm and Rent On, America

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In light of the recent turnaround in the commercial real-estate sector, the market has, so far, shown an increase in the amount of occupied office space in the first and second quarters of 2011. The first quarter showed an increase of 5.5 million square feet of inhabited office space, while the second measured a close […]

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America: Shattering Debt Ceilings and Dreams

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Our country is in debt, have you heard? Actually, we are so financially overdrawn we’ve blasted straight through that glass ceiling of our $14.29 trillion dollar limit 24 days ago and we keep soaring higher. And as it turns out, some people have noticed. Recently, Standard and Poor’s took our “stable” fiscal title and threw […]

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NY Property Tax Cap: More on the Great Debate

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The Legislative session is coming to an end, but the supposed New York Property Tax Cap is still just talk.  Let’s get a move on!  Seeing is believing. It’s not an attack on the public school system!  Let’s learn from Massachusetts.  A property tax cap was introduced decades ago, but students still score high on national […]

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The Force of Entrepreneurial Optimism

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Jim Blasingame, one of the world’s foremost experts on small business and entrepreneurship, dishes about the “Not-So-Great Recovery” and decline in entrepreneurial optimism.  His advice?  Small business CEOs need to learn to balance the force of entrepreneurial optimism with the gravity of economic reality.  Adopt this mantra: “If it is to be, it is up […]

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