News: Spotlight Content

2017 Year in Review: Joseph Fingerman, Signature Bank

Name & Title: Joseph Fingerman, Group Director – SVP – Commercial Real Estate Lending

Company Name: Signature Bank

Address: 68 South Service Road, Melville, NY 11747

Who or what contributed to your success in 2017 and why?

Signature Bank Commercial Real Estate had another banner year in 2017. This is because of our loyal base of clients and brokers who continue to value our role as their primary bank in a crowded marketplace. Our ability to close transactions quickly and as promised sets us apart from the market. We are confident in our ability to remain the go-to bank in the New York metropolitan area for multifamily, office and retail real estate clients. 

What trends will impact your business in 2018?

We are seeing a slowdown in multifamily sales, we have concerns about certain segments of the retail market and are living in an increased regulatory environment. We continue to monitor each of these items closely but are confident that our clients will all succeed in the coming year.

MORE FROM Spotlight Content

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

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

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

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

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”.