Recent Press on the RPG Market Report
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Entries by Michael Rudder
More NYC small biz owners choose to buy rather than rent their office spaces
RPG recently represented Ken Smith Landscape Architects in their purchase of an 11,800 square foot office condominium at 450 West 31st Street. The Daily News recently ran an article about Ken’s experiences in purchasing and the trend towards office ownership for small businesses.
Foreign Demand for Office Condominiums
The New York Times recently ran a story featuring Rudder Property Group on the increased demand for office condominiums in New York.
Recent Sale of an Office Condominium
Rudder Property Group recently completed a $2,750,000 sale of a half floor office condo at 110 East 40th Street for Iluna USA. Iluna USA, whose parent company is based on Milan, is a designer and manufacturer of women’s intimate apparel. Iluna was founded in 1975 and now has over 360 employees in 17 offices worldwide.
Herrick Office Condominium Seminar
On February 17, 2011 the law firm of Herrick, Feinstein LLP hosted an office condominium seminar which featured Michael Rudder as a panelist: Office Condos: New York Real Estate’s Next Big Thing? New York’s office condominium market is a small, but growing sector. In 2011, demand should continue to be strong from foreign businesses that favor ownership over renting, non-profits, governments, and others who […]
Loss Factor & Measuring Office Space
A great explanation of loss factor and how to measure space.
YM/WREA 2011 Board of Governors
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Digitizing Condo Plans
A new company, TitleVest Agency Inc., has put over 2,000 offering plans and amendments for New York City condos and co-ops online. This is a great idea that will not only make it easier and cheaper for buyers and their lawyers to read and search through plans, it will also save many trees from being […]
NY Post Office Condominium Article
Lois Weiss from the NY Post wrote a nice article discussing the demand for office condominiums in New York. Click to view
An amazing year on the Board of YM/WREA
It was an honor and a pleasure to serve as the 2010 Treasurer on the Board of Governors for the Young Men’s and Women’s Real Estate Association. We had a year of incredible events, like kayaking around the city and serving turkeys to the hungry in Queens on Thanksgiving. We had distinguished monthly luncheon speakers […]
