One person helping someone else is a model that is sadly hard to come by a lot these days. Important needs have always been filled by the generosity of people who work for the common good of others who volunteer their time to help those who are less fortunate. But sometimes getting people to see the value in philanthropy can be a struggle. Michael Yanko is a veteran real estate developer in New York who has believed in the value of philanthropy for many years. He works hard at getting people to see the good in giving time and money to those in need.

In a world full of greedy people in positions of power who care more about their money than other people, it makes it even harder to advocate for philanthropy. With the right information, though, they can be made to understand that philanthropy is, in fact, a sound investment that stands to contribute to a business’s long-term success. It helps not only other people, but your business as well.

Some of the benefits of a good philanthropy program include; boosting the brand and more name recognition for a company; improving relationships with the community, including government and community leader, and building an improved customer base. By making charitable donations a company can increase brand recognition even more effectively than through an ad campaign. Consumers see the charitable work more than they would the ads.

By donating to charitable causes in certain geographic areas, businesses establish valuable relationships with government and other community leaders that can be useful when regulatory or legislative issues arise, and need to be negotiated. It pays to have these influential leaders favorably disposed toward the business. And by improving conditions in areas that could use the help in the present can help to build a long-term customer base where one may not already be in place.


Cost of Living in Manhattan

Posted: August 7, 2015 in Real Estate

Living in New York tends to hurt the wallet after a while. It is a city that has much to offer, including restaurants, bars, museums, Broadway, and much more. But it is a city that brings a lot of high prices with it. Living in Manhattan is expensive, and no one knows that more than Michael Yanko. He is a real estate developer who has taken the urban living of Manhattan and has brought it outside of the city. People can live there for half the price, but with all of the amenities.

Real estate and housing happen to be the most expensive part of living in Manhattan. To find a house or even an apartment that will cost less than $2000 a month to rent is simply impossible. There is no way for that to be done. Transportation and gas is also high, but there is no argument that a monthly pass for public transport is still cheaper than gassing up your car and having to pay for parking. This is simply a better alternative.

Food is reasonably expensive, but with the introduction of farmers markets, you can find some food for a decent price. And most staples are priced fairly. The pocket is really hit with restaurants and other luxury items. Entertainment and things of the like is high because the city is such a tourist hit. They tend to overcharge at certain times of the year. Living in Manhattan is not for the faint of heart, for sure. It takes a lot of money, and a lot of guts to make it work.

Signs of New Development

Posted: July 18, 2015 in Real Estate

One of the keys to consistently making money off of real estate is having a thorough knowledge of the local real estate market. By knowing the area and its history, and by knowing what developments are underway and being planned for the future, successful real estate professionals are able to keep a step ahead of everyone else.

But none of it happens by accident. Succeeding in real estate means having to do a lot of homework. There are a handful of tricks that they use to stay up on new and emerging trends in the business, instead of chasing after them. And keeping a step ahead over everyone else is what it’s all about.

One of the most important things to keep an eye on are the current price trends in an area. An investor should track home prices in an area to see whether they are accelerating any faster in one part of town than they are in others. They also compare the average prices of properties against those in neighboring towns and cities to get an idea of where the biggest demand is, and to get an idea of what the going rates are for certain properties.

And they know what to look for. One of the sure signs that an area is on the cusp of new growth is the development of new infrastructure. New roads and schools going up is a sure sign that a community is about to see new growth. This could be an ideal time to invest; growing communities can be very profitable. Spotting these signs is as easy as looking out your car window and observing land clearing, surveyors at work, and the beginnings of road construction, like the widening of traffic lanes or new traffic lights going up.

Michael Yanko is a real estate developer who has been in the field for seventeen years.

Appreciating Architecture

Posted: July 9, 2015 in Real Estate

Architecture is usually defined as the art and science by which buildings are designed. And it is also the expression of the human soul. As the legendary architect Frank Lloyd Wright once said, “A great architect is not made by way of a brain nearly so much as he is made by way of a cultivated, enriched heart.”

But most of us take the buildings in which we live and work, and use each and every day, for granted. Having a basic understanding of key architectural practices can deepen our appreciation for the buildings that sometimes don’t give a second thought to. Most buildings begin with a drawing that is executed to communicate ideas and concepts. From the perspective of an architect the drawing identifies exactly what he or she would like to build. A conceptual drawing is followed by a detailed, drawn to scale drawing of the building, known as a blueprint.

To get a deeper appreciation of architecture it is useful to study some of the world’s great examples of the discipline. Some of the most famous architectural sites in the world include the Eiffel Tower, the Taj Mahal, and the Vatican. The White House, the Colosseum, and the London Bridge are also considered highly significant examples of architecture. Ultimately, architecture is about people, places and things, and understanding architectural practices and terms, and understanding the great structures of human history, serve to deepen our appreciation of the past and the present.

Michael Yanko is a real estate developer who has been involved in the construction of many new buildings on properties in the New York area.

Real estate development involves purchasing real estate property, improving it, and then selling it at a profit. The people who are engaged in the business of real estate are entrepreneurs, professionals who specialize in buying, improving and selling properties. It can be a risky business, but when it’s done right can have a very high payoff for its investors, which is one of the main reasons why it has always attracted investors.

Successful real estate developers don’t just happen: those who do well have usually educated themselves, and earned degrees in business, finance, administration, or a related field. They have also gotten practical experience in the industry by working for a real estate company, and ideally will have learned the business from the ground up.

Since real estate presents a high financial risk, developers usually form business entities that provide them with liability protection. It means higher fees and more accounting issues than a sole proprietorship or simple partnership would involve, but the personal costs would be so high should there be a downturn in the real estate market, it is worth it.

Real estate developers usually build relationships with construction professionals, and gain additional experience by working with professional contractors on new buildings, or on renovations to existing ones. Developers sometimes break into real estate development by working first on residential properties, but that is not a necessity. Commercial real estate deals in larger cash values and hold great potential for making money.

Michael Yanko is a successful real estate developer in New York, with more than seventeen years of experience. He is the CEO of WY Management, a New York real estate development company.