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Articles Archive for 12 October 2011

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[12 Oct 2011 | No Comment | ]

By Peter Vanderpool, president,
Cignature Realty Associates

Lenders and investors remain focused on multifamily properties as they seek commercial real estate opportunities, particularly in New York City.
The Mortgage Bankers Association reported recently that multifamily lending rose 36% in 2010 compared to 2009 and that the trend was continuing into 2011.
The MBA and other organizations that keep track of such statistics further believe that, going forward beyond 2011, banks will continue to keep their sights on the apartment market.
The Federal Reserve Bank’s recent surprise announcement that it will keep interest rates low …

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[12 Oct 2011 | No Comment | ]

By Edward W. Moore Jr.,
operations and maintenance manager
FS Energy
As the summer officially comes to an end and the prospect of another cold and stormy winter approaches, the time is now for maintenance staff at New York City condominiums and cooperative apartments to take a hard look at their boiler maintenance programs.
For many, executing a professional heating and boiler maintenance program now can ensure an effective and efficient outcome during the frigid winter months when heating systems work overtime to keep residents warm.
In many instances, a building can reduce energy costs …

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