News: Spotlight Content

2023 Year in Review: Elaine Haney, Nimbio

Elaine Haney
CEO
Nimbio

What person, project, transaction, or market trend had the greatest impact on your industry this year? An increased demand for smart access control, and its convenience, is seen among residents and property managers. Mobile-based technology is delivering improved smart lock offerings and affordability, enabling multifamily owners to reduce costs, better secure their portfolios and easily manage their properties. Low-cost retrofit solutions improve resident satisfaction without interfering with legacy infrastructure.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? This year, Nimbio launched NimbioPRO, a new offering tailored to owners and property managers. Customized for professional use, NimbioPRO cost-effectively provides smart access control to common access points across owners’ portfolios to ease the burden of managing entry for team members and service providers. Efficiency, entry logs and remote access, from anywhere at any time, are among the highest-rated benefits.

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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
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”.