Monthly Archives: July, 2026
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The World’s Largest Basket: What the Longaberger Building Teaches Us About Appraising One-of-a-Kind Real Estate.
By Federal Appraisal LLC Few commercial properties capture attention quite like the former Longaberger Basket Building in Newark, Ohio. Standing seven stories tall and shaped exactly like the company’s iconic Medium Market Basket, the approximately 180,000-square-foot office building has become one of America’s most recognizable examples of novelty architecture. Today, after years of vacancy, ownership…
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The New York Data Center Moratorium: Understanding the Valuation Implications for Commercial Real Estate
By Federal Appraisal LLC A New Chapter for Data Center Development Few sectors of commercial real estate have experienced the level of growth seen in the data center industry over the past several years. Artificial intelligence, cloud computing, cryptocurrency and block chain management and the continued expansion of digital infrastructure have created unprecedented demand for…
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When Structural Damage Occurs, Determining the Cost to Repair Is Only Part of the Story
By Federal Appraisal LLC Recent reports of buckling structural steel discovered during construction at a Midtown Manhattan high-rise (235 E. 42nd St) prompted the immediate evacuation of workers and neighboring buildings while engineers assessed the structure’s stability. Fortunately, no injuries were reported, but the incident serves as a timely reminder that when structural problems arise,…