News: Spotlight Content

25 Year Anniversary Q&A: Elliot Bogod

Name: Elliot Bogod Title: Managing Director Company Name: Broadway Realty Year Founded: 1997 Years with Company: 18 years Years in real estate industry: 20 Years 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 subscribed to NYREJ nearly 10 years ago. It gives me industry news and important inside info on new trends and changes. Q: The approximate year you discovered the NYREJ and what business you were in at the time: A: I discovered NYREJ in 2001 while working as a broker at Broadway Realty. Q: Your most memorable "15 minutes of fame" in the NYREJ: A: I was appointed by court as a bankruptcy foreclosure broker for the waterside property and a development site in Brooklyn. NYREJ helped me to sell it.
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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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Columns and Thought Leadership
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
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”.