News:
Spotlight Content
Posted: February 18, 2020
2020 Ones to Watch: Alex Bernstein, Bernstein Real Estate
Name: Alex Bernstein
Company: Bernstein Real Estate
Title: Executive Vice President
Education: MBA from Columbia Business School
What project in your career are you most proud of?
I had this idea about ten years ago to introduce a sustainable way of living to the city. I wanted to develop a Passive House. A building that is both healthy for its residents and the planet. Together with a team of dedicated, talented architects, contractors and designers, we built Flow Chelsea. Opening this past November, this high-performance building is luxurious, comfortable and remarkably energy efficient. For our social conscientiousness, NYSERDA, one of the country’s most environmentally important agencies, honored us with the prestigious Building of Excellence award. I am very proud of this recognition, and as a fourth-generation Bernstein, aspire for us to always be a globally responsible company. It is my desire going forward, that we continue to create healthy and safe environments that people can call home.
Tags:
Spotlight Content
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
.png)
Quick Hits
.jpg)
Columns and Thought Leadership
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
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”.
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
.gif)