BRM DEVELOPMENT Articles
Welcome to our blog, where we dive deep into the world of real estate ownership and management. With years of expertise in property management, we’re excited to share our knowledge, insights, and insider tips to help you navigate the ever-evolving real estate landscape.
Evaluating Real Estate Investment in the Context of Higher Bank Interest Rates
Abstract This article examines the rationale behind investing in real estate when bank interest rates offer a seemingly more attractive return. With current bank interest rates exceeding 5%, the decision to invest in real estate requires a comprehensive analysis of...
Opinion: Why Joining Syndicated Real Estate Deals Could Be a Smart Move
As the U.S. commercial real estate (CRE) market grapples with unprecedented challenges, savvy investors should consider an often-overlooked strategy: joining syndicated deals. Over the next two years, more than $1 trillion in CRE loans will mature, posing significant...
Navigating the Maze of Rent Regulation: A Call for Balance and Understanding in Metropolitan Real Estate
In the bustling landscapes of New York City and New Jersey, where the skyline is adorned with luxury high-rises and historic brownstones alike, the world of real estate pulsates with opportunity and challenge in equal measure. As seasoned developers and investors, we...
Navigating Black Swan Events: A Business Owner’s Guide to Turning Challenges into Triumphs
In the dynamic landscape of business, the concept of a "Black Swan Event" has gained prominence, signifying unpredictable, high-impact occurrences that reshape industries and markets. In this article, we'll explore the essence of Black Swan Events, delve into recent...
413 Summit Avenue, Jersey City Lease Up Progress
We are proud partners with Titanium Realty and are experiencing solid rentals in the winter. Contact us through the building’s site for more information.
Lewis Barbanel on the New York Multifamily Podcast
Joe Koicim and Seth Glasser are joined by Lewis Barbanel, president of Barberry Rose Management. In this episode Lewis discusses his family’s history in the real estate business, the direction he sees the market moving
Third Party Management
Commercial Real Estate operation can encompass various complexities across multiple asset classes, including multi-family, medical, retail, and office buildings. Managing these properties requires individuals with extensive experience and expertise. Professional...
The Constitution and The Rent Guidelines Board
The United States of America holds the unique position of being the first Constitutional Republic to guarantee freedom to all citizens. In the past, citizens' rights were up to the whim of a monarch with complete control. Discriminating against a group because of...
NYC 2023 Rent Guidelines Board Public Hearing
Below is Lewis Barbanel's submitted testimony for the NYC 2023 Rent Guidelines Board Public Hearings. Good evening, my name is Lewis Barbanel, and I am the President of Barberry Rose Management Co Inc., which manages approximately...
BRM President Lewis Barbanel Rides in the Ride to End ALZ bikeathon
BRM President, Lewis Barbanel, joined Ride to End ALZ bikeathon in honor of his mother, Alice Barbanel, to mark her ninth year of passing. Please see the article published on May 26, 2023 in the Brooklyn Reporter about Lewis' participation by clicking here.
New York City’s Resurgence
New York City still maintains the factors which made it great. It boasts a thriving housing market, dynamic job market, diverse higher education opportunities, ample office space, and an unparalleled blend of entertainment, sports, and cultural experiences. These...
Short Term Interest Rate
On Wednesday, May 3rd, the Federal Reserve raised the short-term interest rate to 5.1%, the highest in years. What does this mean for commercial Real Estate, particularly the multifamily sector? First, the Fed Interest rate affects everything in the economy....
2023 The Rent Guidelines Board Hearings
Last week, the NYC Rent Guidelines Board (RGB) started its annual process of reviewing data and taking testimony to propose and approve rent increases on Rent Stabilized apartments in the five boroughs. Their decision will affect approximately one million residential...
NYS Covid Rent Relief Program & BRM Covid Discount
The COVID Rent Relief Program will be reopened for applications with expanded eligibility criteria. HCR will accept applications from households starting at 9 a.m. on Friday, December 18 through Monday, February 1, 2021. For more information and to apply, follow...
Notice to Residents on Fall/Winter 2020-2021
Dear Residents, The heating season is around the corner. We hope you all had a healthy and safe summer. As per normal procedures we hired a third-party company to service the boilers and burners as a preventive measure to make sure we enter the heating season...
BRM Distributes Free High Quality Masks to All Residents
Barberry Rose Management has purchased and distributed high quality masks to all residents as we continue to work towards keeping a safe and clean environment for all.
BRM Buildings Sanitized and Disinfected With Hospital Grade Products
Affordable Housing: Supply and Demand
Uncle Jack’s weekly summer Sunday BBQs brought together our extended family where the debates demonstrated views on a wide political spectrum - capitalist to communist. The conversations were always fascinating, lively, and respectful. One Sunday, Jack’s nephew Marc,...
Letter To Tenants Regarding Disinfectant
July 7, 2020 Dear Residents, The health and safety of our residents and employees continue to be our top priority. We continue to focus on frequent daily cleanings of all high-touch and common areas; however we will begin a quarterly sanitizing & disinfecting...
BRM on the Job in Phase II
Since New York States’s PAUSE executive order has shifted into later stages, BRM workers have been out in force to address repairs and maintenance issues which couldn’t be dealt with during the height of the pandemic. Our staff is always equipped with hazmat suits,...
BRM Offers Assistance to Residents
For the fourth consecutive month since the effects of Covid-19 has affected all aspects everyone's lives, BRM has offered assistance to all residents. Assistance has included: A significant rent discount for continued timely payments Case by case assistance of...
BRM Participates in Donating Meals to Medical Essential Workers
During the Covid-19 pandemic, Barberry Rose tenant Tampopo Ramen donated hundreds of meals to the front line and essential workers at Columbia Presbyterian Hospital. Barberry Rose was proud to participate in this worthy cause.
The Safety of BRM’s Residents, Families, and Visitors Are Our Priority
We purchased hazmat suits for our staff early in the pandemic to protect them, our residents, their families, and visitors