News:
Spotlight Content
Posted: October 25, 2022
2022 Women in Professional Services: Carol Rizzo, Forchelli Deegan Terrana LLP
Partner
Forchelli Deegan Terrana LLP
In the last 12 months, what was your TOP career highlight? I obtained millions of dollars in real property tax refunds/savings for a wide variety of commercial and residential taxpayers in NY. Recently, my firm of 27 years, Koeppel Martone & Leistman, L.L.C., merged with prominent Forchelli Deegan Terrana LLP creating a powerhouse of experience and service in the field of Tax Certiorari.
In the last 12 months how have you helped your industry grow through professional creativity, innovation and leadership? I continue to foster connections with finance professionals, CPAs, property managers and real estate professionals who appreciate the need to keep expenses down for their clientele, especially with rising inflation and the uncertainty of the markets.
What advice would you give the next generation of women in your industry? I take great pride in helping people lower the costs of owning/renting real estate by reducing their property tax burden. I also take great pride in raising my family. Seek to maintain a sensible work/family balance so that you can successfully manage your life for the wellbeing of all.
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
.gif)
.jpg)
Columns and Thought Leadership
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
.gif)