After many delays to get this project off the ground, we are finally off to the races. Our new project on 31st Ave in Astoria, Queens is a waterfront ground up residential development – 29 apartments, 9 stories and roughly 32,000 square feet. With demolition and early work underway, this project represents a turning the… Continue reading Going back to Queens..

For years, New York has long been recognized as one of the safest and most competitive markets for real estate investment in the world. After over a year of navigating the pandemic, it seems some investors may have forgotten this fact, creating rarely seen opportunities for local investment. The flight of both residents and investors… Continue reading The Covid Cap Rate Flip

This is something that I have wanted to do for a long time, but I never seemed to have the time or ability to focus on it. Amid a global pandemic, the day to day slowed down a bit, and allowed us to finally sit down and put it together. I’m hoping to have a… Continue reading Our First Scholarship Offering

Over the last 12 months, the US government has acted swiftly to stabilize markets and reduce the financial impact of the Covid-19 pandemic. In addition to lowering interest rates to near zero, the government has added trillions to the money supply and dramatically increased the federal budget deficit via various stimulus programs. While these interventions… Continue reading New York as Inflation Hedge?

Since beginning my career as an Architect many years ago, and over the course of the last twenty years, I have been involved in the development of over 1,350 residential units in New York City and the outer boroughs – valued at over 1.2 billion dollars (give or take). Mortar Group was created in my… Continue reading Let’s start here…