News: Spotlight Content

2020 Ones to Watch: Michael Castellon, Rosenberg & Estis, P.C.

Name: Michael Castellon

Company: Rosenberg & Estis, P.C. 

Title: Member

Education: Duke University School of Law (J.D.) / Vanderbilt University (B.E.) / University of Georgia (M.B.A.)

How do you contribute to your community or your profession?
Over the years, I have been very involved with Habitat for Humanity as a volunteer, home sponsor, and board member, both in Atlanta and recent in New York. More recently, post-COVID, I have been donating money and volunteering weekly at the Bowery Mission to feed the homeless and food-insecure, and help prepare meals (https://volunteer.samaritan.com/custom/517/#/volunteer_home). Since my church has been closed for live services since mid-March, I “worship” each Sunday morning in this new-abnormal fashion. I also volunteer monthly at the St. James Fordham food pantry in the Bronx, providing meals to about 225 families each Saturday (https://www.stjamesfordham.org/foodpantry ). I think it is incumbent on those who have jobs, health insurance, and adequate shelter at this time to help the so many New Yorkers who do not. The need is great and getting greater unfortunately.

Who or what inspires you?
Certainly, John Lewis, who was my congressman in Atlanta for a number of years when I lived there, and who just passed away. His was a good life well lived, and his admonition to “Get into Good Trouble” is very relevant today.

What do you like most about your job?
Building relationships with clients and their business partners. The variety of the work. Being challenged intellectually. Working with extremely intelligent and motivated colleagues.

MORE FROM Spotlight Content

Check out NYREJ's Developing Westchester Spotlight!

Check out NYREJ's Devloping Westchester Spotlight!

NYREJ’s Developing Westchester Spotlight  is Out Now!
Explore our Developing Westchester Spotlight, featuring exclusive Q&As with leading commercial real estate professionals. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape.  

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
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
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