Kelly Dougherty, president of FirstService Energy talks with Alan Sidransky of CooperatorNews New York about programs designed to help co-ops and condos control and lower energy costs. She specifically talks about the Community Distributed Generation project, created by New York State for developers of small electricity generation sites, that can be subscribed to. Dougherty notes that FirstService clients signed up to the program are saving a total of $600K annually across all company-managed properties.
A recent report from Ariel Property Advisors reveals that the Queens real estate investment sales market recorded 659 transactions, totaling more than $4.4 billion dollars in 2022, with multifamily accounting for over half the transactions and marking the best year in multifamily sales since 2018. QNS.com talks with Shimon Shkury, Ariel Property Advisors’ president and founder, about the report and 2023 outlook.