Shimon Shkury

Contributor|Real Estate

I am the founder and president of Ariel Property Advisors, a commercial real estate services and advisory firm based in New York City. I oversee all investment sales, capital services and research initiatives for the company. Since 2002, my team and I have advised private

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2,090 viewsJun 5, 2024

Unraveling The Aftershocks Of Rent Stabilization In New York City’s Multifamily Market

New York State’s new housing policy includes a modest revision to regulations for rent stabilized buildings but more changes are needed to ensure the properties survive.

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2,845 viewsMay 2, 2024

New Housing Policy Could Trigger Development Boom In New York City

After years of waiting, New York City finally has a housing policy with the potential to unleash a surge of new development including office to residential conversions.

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2,411 viewsMar 20, 2024

New York City Housing Shortage Highlights Need For More Development

A recently released study confirms what every New Yorker knows; the demand for housing is outstripping supply and rents are climbing as a result.

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896 viewsFeb 28, 2024

New York City Firms Follow Google’s Lead And Acquire Properties To Call Home

Major firms are following Google’s lead and taking advantage of NYC’s weaker investment sales market to pick up prime properties to enhance their own brands.

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1,064 viewsFeb 6, 2024

How Low Can It Go? Finding Value In New York City Apartment Building Sales

Higher interest rates, regulations and bank closures contributed to a 52% drop in NYC apartment building sales to $7.4B in 2023 compared to 2022, Ariel report shows.

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