Name: Howard Stern
Title: Owner
Company Name: Law Office of Howard Stern
Year Founded: 1986
Years with Company: All of them.
Years in real estate industry: Over 36 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: About five years now. It keeps me well informed on issues of the day and the state of the market.
Q: The approximate year you discovered the NYREJ and what business you were in at the time:
A: About fifteen years ago. I was and still am a practicing attorney.
Q: Your most memorable or favorite "15 minutes of fame" in the NYREJ:
A: The first year my bio was included in the year end summary. People commented on some unknown facts that I shared.
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
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
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”.
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