News:
Spotlight Content
Posted: November 14, 2023
2023 Commercial Real Estate Visionaries: Jack Martins of Harris Beach PLLC
Partner & Co-Leader of Real Estate Development Industry Team
Harris Beach PLLC
Jack Martins was the mayor of Mineola when the village first developed the overlay zone. As mayor, Jack spearheaded transformative initiatives that remodeled the downtown area into a transit-oriented development hub. Over the past 10 years, more than 2,000 housing units have been added, more than any other village outside of NYC. Relying on the village of Mineola’s overlay zone, the village board considered the site plan, variances, and architectural review avoiding the need for multiple hearings before multiple boards. The streamlined process allowed for a quicker decision and the application was presented and approved by the village board in one meeting.
What recent project, transaction, or accomplishment are you most proud of?
I provided counsel to the developer of the $45 million Royal Blue Project located about a quarter mile from Mineola’s Long Island Railroad Station and helped guide this transit oriented development project to completion.
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
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)