15 September, 2017 by The TZ Newswire Staff Comments Off on TRD Forum: LA’s CRE leaders on China and what commercial brokers can learn from their resi brethren
TRD Forum: LA’s CRE leaders on China and what commercial brokers can learn from their resi brethren
From TRD Los Angeles: “The most commonly inconvenient place to meet people in the city is Downtown,” Chris Rising of Rising Realty Partners quipped during The Real Deal’s first Los Angeles Forum Thursday. Rising joined other commercial leaders at the Bank of America Plaza in Downtown for the event, where they discussed the state of the market here, the game-changing impact of Chinese institutional capital, affordable housing and other big-ticket issues central to the industry. […]
15 September, 2017 by The TZ Newswire Staff Comments Off on California leavin’: CalPERS cutting RE investment by 50%
California leavin’: CalPERS cutting RE investment by 50%
The country’s largest pension system is cutting its real estate investments in another warning sign for the New York commercial property market. The California Public Employees’ Retirement System plans to invest $3.95 billion in real estate in the current fiscal year, which began on July 1. That’s down from $4.6 billion last year and $7.9 billion the year before — a decline of 50 percent in two years, PERE reported. And CalPERS isn’t alone. Overall […]
15 September, 2017 by The TZ Newswire Staff Comments Off on Did Lending Just Change for Good?
Did Lending Just Change for Good?
Bank lending regulations have rarely been thought of as dynamic or exciting but last night’s ruling by the Consumer Financial Protection Bureau (CFPB) to allow a lender to begin using alternative data in their underwriting could herald the beginning of a new era in lending… Read More
15 September, 2017 by The TZ Newswire Staff Comments Off on HPD approves rule change restricting inclusionary housing projects
HPD approves rule change restricting inclusionary housing projects
The city’s Department of Housing Preservation and Development this week approved a rule change that bars developers receiving 421a from generating off-site inclusionary housing. HPD proposed the rule change in August, asserting that the new 421a “undermines” the propose of the city’s inclusionary housing program. The rule change goes into effect Oct. 13. Now, developers receiving 421a will need to keep density bonuses generated through the inclusionary housing program onsite. A major reason for the […]
15 September, 2017 by The TZ Newswire Staff Comments Off on When to Switch From a Roth IRA to a Traditional 401(k)
When to Switch From a Roth IRA to a Traditional 401(k)
A Roth IRA is a far different savings account from a traditional 401(k).
They differ in tax treatment, investment options, and employer contributions. Knowing where and why they differ can help you understand when to switch over from a Roth IRA to a traditional 401(k).
15 September, 2017 by The TZ Newswire Staff Comments Off on Tech Stocks This Week: iPhone X, Google’s Pixel 2, and Tesla’s Semitruck
Tech Stocks This Week: iPhone X, Google’s Pixel 2, and Tesla’s Semitruck
Thanks to Apple (NASDAQ: AAPL), this was undoubtedly a big week in tech. As the world’s most valuable company, Apple’s annual iPhone launches are always a big deal. But this year’s September Apple event was more important than usual, since Apple launched its special 10th anniversary iPhone, the iPhone X.
15 September, 2017 by The TZ Newswire Staff Comments Off on The top NYC real estate events happening next week
The top NYC real estate events happening next week
Tune in next week for a good lineup of real estate events. Join the Asian Real Estate Professional Association (AREPA) on Sept. 19 from 6 p.m. to 8 p.m. at Herrick, Feinstein, at 2 Park Avenue for its Distinguished Guest Speaker Event. The event will be headed by George Xu, the head of Century Development Group. Xu will chat about his experience in the Queens and projects under development. Also on Sept. 19, REDinNYC is […]