News:
Spotlight Content
Posted: September 24, 2024
2024 Women in CRE: Michelle Lala, RM Friedland
Real Estate Salesperson
RM Friedland
What recent project, transaction, or accomplishment are you most proud of?
In an impressive feat, our team successfully sold 131 units in Rego Park, a territory we don’t typically operate in. This achievement was the result of countless hours of meticulous due diligence. Our dedication paid off when we found a buyer who usually doesn’t consider properties in this area. By leveraging our expertise and commitment, we were able to navigate the unfamiliar territory and secure a successful sale, showcasing our adaptability and determination.
Who inspires you most? What qualities do they possess that inspire you?
I am profoundly inspired by my father, Marco Lala. Working alongside him, I have the privilege of witnessing firsthand his unwavering dedication to both provide for our family and to do right by our clients. His relentless determination and resilience are qualities I deeply admire. I consider myself fortunate to be his daughter, his teammate, and to have him as my mentor.
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
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
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”.
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
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
.gif)