2015 Year in Review - Natale Barranco

Natale Barranco, Urbahn Architects

What emerging trends will drive investment and development in 2016? Mitigating rapidly growing construction costs will be the most important trend in both commercial and public development markets throughout the greater New York area. Developers and architects will look for ways to reduce costs without undermining quality or amenities. The most effective method we apply on our projects, both multi-family and educational, is the careful selection of building systems in the pre-design phase. Recommended systems often include panelized rain screen–type exterior cladding and steel stud structural systems for both sheer and bearing walls that both significantly accelerate construction schedule and reduce labor costs. These methods allow our clients to reduce construction costs by between 8 to 15% in comparison to traditional building technologies.

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Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an

Check out NYREJ's <br>Developing Westchester Spotlight!

Check out NYREJ's
Developing Westchester Spotlight!

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Properly serving a lien law Se...

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Studio Museum in Harlem opens 82,000 s/f building - by Adjaye Associates with Cooper Robertson

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Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

• Limited direct lawmaking power: The NYC Council is the primary