Growth in NYC Real Estate for 2016

2015 was a great year for the New York City real estate market, as brokers, agents, and analysts gathered for the NYC Real Estate Expo recently. In an article from The Real Deal, many industry insiders shared their opinions that this trend would continue in 2016.

The anticipated sustained economic growth has been especially strong in New York City and that is prompting higher NYC apartments for rent and sales across the board, in both the housing and commercial markets, for both rentals and purchases.

Peter Von Der Ahe, a broker for Marcus & Millichap, said that 2015’s robust prices and the market conditions they are found in are expected to continue through at least the first half of next year.

Cushman & Wakefield has seen a large spike in 2015 rentals, and senior managing director Ken McCarthy, expects to see another strong year in 2016, especially as one of their biggest commercial clients is the financial services sector and related firms, and they are showing some of the largest growth.

Town Residential, a luxury real estate services firm, also predicts a strong showing in 2016 and has many listings that its analysts predict will only appreciate in value. Potential shoppers may be advised to act now before prices rise further.

Some panelists had reservations about certain obstacles that may be on the horizon that would inhabit this further growth in the industry. The most notable being this summer’s stock market volatility, an uncertainty surrounding each scheduled Federal Reserve announcement on potential interest rates, and international and domestic conflict and unrest that could upset the global market – all of which may deter real estate investors, purchasers, leasers, and renters.

Andrew Heiberger, CEO of Town Residential, however, sees that sales and leasing of property developments will continue unabated. Town Residential has mixed use commercial and residential developments across the city, most of which are in Manhattan, with many of its largest properties in lower Manhattan. Office space leasing by square footage is traditionally a good barometer of the city’s financial health and that of the economy in general.

As David Schectman of Meridian Investment Sales says, “There’s no place in the city that is not hip, that is not cool.” So any property holdings left from 2015 should be expected to be able to move in 2016 in this strong market.

The Most Recent NYC Real Estate Expo

Town Residential is a real estate business that is located in the heart of New York City that deals with million-dollar homes for its clients. New York City is a difficult place to buy a home because there is simply not very much space and the price of area in New York City is very high compared to virtually anywhere else in the world. Town has many different homes at lots of different prices to fit their clients’ needs.

The most recent NYC real estate exposition was attended by some of the greatest minds in the real estate world such as Mr. Ken McCarthy, David Schechtman, and Peter Von Der Ahe, just to list a few of the brilliant individuals in attendance at this real estate expo with lots of presentations from prominent real estate players.

Tim Wang spoke for his peers, who is the president of the investing research division at Clarion Partners, one of the most important ranks at the company. Investors in New York City now “have to work twice as hard” to make enough money to justify the investments initially made in the real estate in the Big Apple.

Town Residential was founded by Andrew Heiberger and Joseph Sitt in 2010, who both happen to still work for the company. Their uncanny guidance has led Town Residential to a great place in the real estate world in New York City. Anybody or any firm that is able to overcome the adversity that New York City has to offer is truly a gifted entity. Town Residential is extremely reputable, and the clean image they portray and give their clients is one of the most attractive things about this company.

The investors at this real estate expo had very different views. Some people thought that it was very difficult to make money investing in the housing and properties in New York City, while most of the investors there thought that it was still a great idea to be involved in the real estate scene in New York City.

The unsteadiness and volatile nature of the stock market has not contributed to the well-being and stability of the New York City real estate world, but New York City is still considered a great place to look for real estate in from both the tenant’s and landlord’s perspectives.

The Radical Path of George Soros – How he Pushes to Change The World

George Soros on wsj is a British democratic supporter. He moved to England from Hungary and got his degree before starting his rise in the world. Soros made a series of bets and took some chances, leaving him with billions of dollars in his pockets. From those billions, he decided to start the Open Society Foundation. This foundation on opensocietyfoundations.org today still aids to decrease the negativity in the world. One of their first projects started in 1979 gave Colored South Africans scholarships under apartheid for higher learning. In the 1980’s he not only supported exchanging cultures but he fought against communism at the same time. Soros was born in Budapest, Hungary in 1930 and has ensured that a light shone upon him. His opinions resonate positively with the Democratic Party. http://www.bloomberg.com/news/articles/2016-01-07/global-markets-at-the-beginning-of-a-crisis-george-soros-says

George Soros believes that Government should be responsible for their actions. Recently he has called upon the government to accept responsibility for asylum seekers, for example, the people locked in the Syrian crisis. Pushing the major nations of the world to try to assist in what is the largest humanitarian crisis of our time. George Soros strives to get the law changed for the better as well. For example, the Republican party has in the last several years placed voting restrictions on voters in their states. This only makes the number of voters plummet. Soros has placed 5 million dollars into trying to fix the voting laws that were passed under republican rule. Soros started to concern himself with problems with the United States in 2004 and had spent millions trying to keep George W. bush from gaining the presidency. This Philanthropic democratic supporter is keeping an eye out on the world, and with his deep pockets he has the money to back anything he wants to do to help the world as best as he can.

Soros has been changing the world for a while, his foundation the Open Society, gives money to hundreds of people and countries in need. Based in over 100 countries the Open Society Foundation doesn’t seem to have plants to halt the world changing it has done. And it doesn’t seem that Mr. Soros has any plans to stop trying to change the world for the better either. With millions of dollars Soros has birthed operations that have changed lives while other nations try to ignore problems, Soros brings those issues right to their front door. http://www.nybooks.com/contributors/george-soros/

FreedomPop Bringing Change to Smartphone Industry

When you think of smartphones you probably think of those data sucking devices that companies charge you an arm, a leg, and an hourly rate to purchase and use. FreedomPop, an innovative company out of L.A., is seeking to change your perspective on those handy phones. Instead of relying on cellular data towers, and a massive monthly allowance, the company is instead developing a WiFi first smartphone. This change, as reported by Cnet, is seeking to further disrupt the idea of having to pay copious amounts of dollars for data. Let’s break down how FreedomPop is going to continue their industry revolution.

So the typical formula for getting a handy smartphone is to purchase an expensive device, guess at how much data you need to use, and then make sure you use it as little as possible. FreedomPop is trying to get customers away from that set up. Instead they are going to use their established network of WiFi hotspots in order to make sure that customers only use cellular data as a last resort. This means that owners of this new phone, which will range in price from $99 to $199, will be texting and browsing and calling one another off of a wireless tower. The technology behind the new smartphone, slated for release in 2016, is quite innovative as well.

The phone will be able to tap itself into any wireless network in the country as well as any predesignated FreedomPop WiFi hotspots. The phone will be built utilizing the SoFia platform which allows the phone to switch from WiFi to cellular usage in the blink of an eye. This piece of technology, which is built around an affordable smartphone chipset, will give FreedomPop users an easy time as they navigate the new phone.

While FreedomPop has built their empire around their completely free phone plan, the WiFi first smartphone will be an integral next step in what the company is trying to do. This phone will be available with the $5 premium plan that FreedomPop will be offering which gives customers unlimited talk, data, and text messages.

Today’s Profile: Executive Businesswoman Susan McGalla

Succeeding in any field of business takes many kinds of impressive skills. Someone wants to think about entering this field must be able to accomplish many goals, often at the same time. Multitasking is important in order to enable the person in question to be able to run the business they have in mind or to be able to help assist a business or company that is looking for their help in creating or expanding a business that already exists. The right kind of business for the right kind of person can be an ideal partnership for all involved in it. One highly skilled person who knows exactly how to help others is Susan McGalla. McGalla has enjoyed a great deal of success in the field of business. She has chosen to focus various kinds of businesses, with a specific focus on the field of retailing. Her work in this area has been used as a model of how it is possible for someone to be able to enjoy a long and impressive career in the field in retailing. Many have turned to her for leadership as they consider entering this field and being able to do well in it. McGalla is a native of the state of Ohio where she grew up and attended college. Ohio is part of the nation’s heartland and a place where others often turn to find out what many ordinary Americans are thinking and feeling. Many Pittsburgh steelers are known to be people who can help retailers find out what other people across the nation are thinking as they try to figure out how best to sell products to them. This is why many of the nation’s retailers choose to conduct research in this part of the nation. They know that doing so is an ideal way to help understand what many others are thinking and feeling all over the nation as well. Her work has focused primarily on helping companies figure out the best way to provide products to her customers and help them get the kind retailing experience they want and need. She started her career after she graduated at the Joseph Home Company, where she was in charge of various kinds of marketing efforts designed to help the company’s customers have a better retailing environment and help those who worked for the company to be able to reach out to them far more effectively and easily at the same time. She has been noted for her devotion to quality and her love of the consumer environment as well as her focus on helping people get exactly what they need from the experience of entering a store. Her work has included work in the field of marketing as well as leadership roles for several nationally ranked retailers who have relied on her judgement and understanding of the market. She knows that both customers and retailers alike look to her for help in getting access to the kind of high quality experience they want.

Shaygan Kheradpir: The Most Dynamic Business and Technology Executive Today!

One of the most compelling executives in technology and business today is Shaygan Kheradpir. He has been an executive at a number of well known businesses including Verizon, GTE, and Barclays. Today he is the Chief Executive Officer of Coriant, a well known telecommunications industry. Kheradpir was born in the United Kingdom in London and was raised in Iran. He eventually moved to the US to attend Cornell University where he received a bachelor’s degree, a master’s degree, and an electrical engineering doctorate.

After graduation from Cornell, Shaygan Kheradpir went to work at GTE in 1987. By 1994 he had risen to become vice president of GTE Labs. While in this position he directed the Software Systems Lab, and later on he was in charge of information technology initiatives for GTE’s eBusiness units and enterprise-wide systems. Kheradpir was in charge of GTE-IT strategy, development, architecture, production support, and lastly deployment.

In the year 2000, GTE and Bell Atlantic merged to create Verizon Communications. At first Shaygan Kheradpir on linkedin was the president of the e-business division, but was soon appointed as the organization’s first CIO/CTO. His executive leadership team was responsible for driving systems modernization and pioneering product initiatives. One of these initiatives was FiOS, known as one of the biggest infrastructure programs in the U.S.A. with a capital investment of more than 20 billion dollars. By 2003 Kheradpir and his team had created Iobi, which can manage caller ID, address books, and other components across devices. In 2004 Verizon One was created by his team. His team also improved on many core systems of Verizon such as the call center and automated customer service systems. He also reduced the information technology budget and the IT staff. Also contract programming positions were sent to India to take advantage of lower-cost labor.

Kheradpir moved on to Barclays Global Retail Bank (GRB) in January 2011. Barclays is a banking and financial company with headquarters in London. Kheradpir was named Chief Operating Officer, and he helped in the development of such consumer products as the Pingit mobile payment software. In 2013 he was named as Chief Officer for Operations and Technology. This makes the first time ever a technology executive was allowed to sit on the Barclay executive team where he helped create the TRANSFORM program.

In January 2014 Kheradpir was named CEO of Juniper Networks. He developed a cost-cutting and restructuring plan that was called the Integrated Operating Plan by Juniper. The goal of this plan was to cost-cut up to 160 million dollars and to return up to 3 billion dollars to shareholders over a three year period.

In 2015 Coriant recruited Kheradpir as its new CEO. He had recently worked as an operating partner at Marlin Equity Partners, Coriant’s owner. Kheradpir is expected to drive new equipment sales that meet their service providers’ goals.

Kheradpir is a highly respected global technology leader. He served on a YMCA Advisory Board. In 2007 he was named to the Hall of Fame of CIO Magazine. There is surely a lot more to come from this dynamic individual!