News: Spotlight Content

2025-Innovators in Commercial Real Estate-Joe DiPompeo of Structural Workshop

Joe DiPompeo, PE
President 
Structural Workshop

Impact Highlight: Describe a recent program, initiative, or process implemented by you and the impact on your firm, organization, or community. We recently decided to go all in on AI. I have been playing with it for two years but it was not really useful until recently. The models have gotten better and I have gotten better at using them and knowing their limits. I am currently experimenting with many uses and am hoping to rollout to the whole team in the next few months.

Innovative Outlook: Where do you see the biggest opportunities for innovation in the commercial real estate sector? Building construction is notoriously slow in innovating. There is a huge gap in the progress we have made in many fields and the small amount of change in how buildings are built . We have made incremental improvements but the basics have not changed at all. 3-D printing of buildings and building components and integrating AI into BIM have potential to increase the pace of innovation in building construction. 

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
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
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
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”.
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