Insights

Our Latest Strategic Thinking About Economic Development

Reinventing Suburbia

By Brandon Palanker | August 10, 2020

COVID may have made the suburbs more appealing – but these aren’t your parents’ ‘burbs. Are you capitalizing on Place-Branding and Place-Based Economic Development strategies to attract the growing market for walkable urbanism? Much has been stated about the flight of people moving from the city to the suburbs due to Covid. While the full…

Too Much Room at the Inn

By Brandon Palanker | August 6, 2020

Converting Hotels to Residential Use In the face of COVID and the uncertain conomic recovery, one of the hardest hit industries has been hospitality, especially the hotel business. While we have seen recent upticks in vacancy for vacation oriented “get away” properties, those hotels geared toward business travelers are facing a long uphill climb. So, too, are…

What Can Lawyers Learn from Retailers

By Dave Sutton | July 21, 2020

In recent years, we have witnessed a steady parade of retailers shuttering stores and filing for protection from creditors. We’ve watched as once well-respected brands like Payless Shoes, Radio Shack, Sears, and Toys ‘R’ Us march solemnly towards an unglamorous end. Retail vacancy rates have been skyrocketing as real estate developers scramble to revitalize strip centers…

IDAs to the Rescue

By Ed Ambrosino | May 29, 2020

A SUMMARY of BILL A10294 (THE IDA STATE DISASTER LOAN PROGRAM) NYS Assembly Bill A10294A and its companion Senate Bill S8181a (the “Legislative Initiatives”) expand  the authority of an Industrial Development Agency (an “IDA”) to provide emergency loan and grant programs for certain businesses and not for profit entities. The Legislative Initiatives, if enacted into…

Learning to Walk Again

By Dave Sutton | May 21, 2020

We’re excited to announce the launch of our new eBook This fact-packed guide contains all of the latest information on grant, loan, and tax exemption programs a New York business struggling with the COVID-19 crisis could need. Whether you’re looking to stay afloat for a better day, improve or even expand your business, or just…

Our Economic Development Strategy Was Based On Attracting Class A Office – What Now?

By Brandon Palanker | May 18, 2020

The answer is right at home. Life as we know it will forever be changed. We are hearing a lot of that refrain in the wake of COVID-19 and the shift to work from home environments. There is no question that how – and where – we work will certainly be impacted going forward. The…

Life After COVID-19 Crisis

By Dave Sutton | May 1, 2020

Whether we accept it or not, researchers predict we may be in lockdown for longer than planned. Others are saying social distancing could become a fact of life for, not months, but years. A new world, they say, is on the other side of all this change. But, practically speaking, what can we expect? Even if things…

The Post-COVID Economy

By Tim Sullivan | April 23, 2020

In addition to the health and human suffering resulting from the coronavirus (“COVID-19”), the economic impacts on the economy and financial markets have been staggering. The Dow Jones Industrial Average (“DJIA”) and S&P 500 both reached record highs in February 2020 with the Dow soaring to 29,551 on February 12, 2020, and the S&P reaching…

5 Misconceptions About COVID-19

By Dave Sutton | April 21, 2020

“During this difficult period …” “In times like these …” “The [blank] team is here for you …” Any of these sound familiar? Of course they do. I get the same emails. I’ve been keeping track for about two weeks, and I’d guess I’ve received more than two dozen messages that start just like this. Well intentioned,…

The Continued Rise – and Evolution – of Walkable Urban Development

By Brandon Palanker | April 20, 2020

The past 20 years has witnessed the expansive growth of walkable urban and mixed-use development, which has steadily pulled market share from traditional drivable suburban product. This evolution began in the 1990’s with what this writer calls “the Friends phenomenon,” building off the popularity of TV shows such as Friends or Seinfeld, both located in…