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25 Year Anniversary Q&A: Deena Baikowitz

Name: Deena Baikowitz Title: Chief Networking Officer Company Name: Fireball Network Year Founded: 2009 Years with Company: Co-Founder Years in real estate industry: 10 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 have been a subscriber since 2003. NYREJ has benefited Fireball Network by giving us an industry-wide platform for our articles, and by connecting us with NYREJ's network of professionals in person at industry events. Q: The approximate year you discovered the NYREJ and what business you were in at the time: A: I discovered NYREJ in 2003, after meeting Fireball Kristine Wolfe at a NYCREW (New York Commercial Real Estate Women) networking event. At the time, I was working as a business development consultant. Q: Your most memorable "15 minutes of fame" in the NYREJ: A: NYREJ published my very first industry article on networking, in March of 2003. The fame has lasted much longer than "a New York Minute," because since, then NYREJ has published many of Fireball Network's articles. Fireball Network wishes New York Real Estate Journal and all its wonderful staff, a Happy 25th Anniversary!
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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
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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”.
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
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