News:
Spotlight Content
Posted: December 26, 2023
2023 Year in Review: Ariel Holzer, Falcon Rappaport & Berkman PLLC
Chair of the Real Estate Department
Falcon Rappaport & Berkman PLLC
ireon Member
What person, project, transaction, or market trend had the greatest impact on your industry this year? In the past couple of years, we have watched the real estate market react to external market pressures and incentives. In 2022 and the first half of 2023 we saw a rush of financings and refinancings against fears of further interest rate hikes. As fears of additional rate hikes have receded, we have seen renewed focus on government (regulations) programs and incentives including various green building incentives (as well as the specter of Local Law 97 in New York City). Looking forward to 2024 we expect this trend to continue as well as potential additional new government housing incentives on both the local and federal level to impact the market for both investors and developers.
Tags:
Spotlight Content
MORE FROM Spotlight Content
2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
.png)
Columns and Thought Leadership
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
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”.
CRE Guide Featured Company: Merritt Environmental Consulting Corp.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
