Name: Andrew Lichtenstein
Title: President
Company Name: LichtensteinRE
Q: Your most memorable "15 minutes of fame" in the NYREJ:
A: My most memorable personal 15 minutes of fame came just recently when our $50 million Sycamore Court Riverdale New York mixed-use multifamily, office and retail exclusive property for sale news release appeared in print.
Q: The approximate number of years you have been a subscriber and/or how the NYREJ has been a benefit to you and/or your business:
A: I discovered the NYREJ around 2007. It has benefited me by opening my eyes to current real estate events and opportunities.
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
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
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”.
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
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