News:
Spotlight Content
Posted: May 16, 2023
2023 Ones to Watch Rising Stars: Ida Phair, Stroock & Stroock & Lavan LLP
Associate
Stroock & Stroock & Lavan LLP
Number of years at firm: 4
One thing on my bucket list: To go on safari.
When I am not working, I am: Playing tennis or traveling with my husband and two children.
What recent project, transaction or accomplishment are you most proud of? In 2020, I was the lead associate representing Edward J. Minskoff Equities in a major multi-floor lease of approximately 120,000 s/f of space in midtown. This was an exciting transaction to be a part of, as it was one of the largest leases executed at the onset of the COVID-19 pandemic, and we negotiated many issues of first impression necessitated by the pandemic.
What makes this nominee a RISING STAR?
“Ida is a strong advocate for her clients, who brings a high level of sophistication and skill to each deal. She has worked hard to instill in her clients confidence with her work and has earned a reputation for efficiency, speed and care.” - Trevor Adler, Partner at Stroock & Stroock & Lavan LLP
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
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
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
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)