News: Spotlight Content

2017 Year in Review: Karen Cohen, Karen Cohen Realty & Associates

Name & Title: Karen Cohen, President

Company Name: Karen Cohen Realty & Associates

Address: 1202 Avenue U Suite 1242

What was the best decision you made in 2017 and why?

The best decision I made in 2017 was to strike out on my own and start my own real estate company, Karen Cohen Realty & Associates. My career in real estate began eleven years ago when I had four children home and my youngest was 10 years old. Real estate involves hard work, dedication, commitment and long hours.  It is like no other business in the world, but many people think you can do this part time, let me tell you - it is not a part time business. Real estate is something you become totally immersed in and truth be told I love every minute of it and have felt that way ever since I came into the business. Creating Karen Cohen Realty & Associates was the best decision I made in 2017. 

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

My family has always been a huge support system for me and my previous broker was very supportive of my desire to move on and create something of my own. 

What trends will impact your business in 2018?

Companies moving to Brooklyn from Manhattan is the trend I see most this coming year that will greatly impact my Brooklyn based business. 

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
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”.
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