News: Spotlight Content

25 Year Anniversary Q&A: J.D. Parker

Name: J.D. Parker Title: First Vice President - Regional Manager - Manhattan, White Plains, New Haven Offices Company Name: Marcus & Millichap 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 believe I have personally been a subscriber for at least a decade. It is one of the top publications in the region and a great team of people that we have been fortunate to work with for many years. Q: The approximate year you discovered the NYREJ and what business you were in at the time: A: 2004, I was at Marcus & Millichap as a new agent and saw all of the senior guys in the office would get it and read it every week. I wanted to be like them so I subscribed. Q: Your most memorable or favorite "15 minutes of fame" in the NYREJ: A: I have worked with our design team weekly to create our advertisements in the paper for the last 5 years, so I don't know about my 15 minutes of fame, but I enjoy seeing our work product every time I open the paper.
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
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
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”.