Name: Kevin Meehan
Title: Managing Partner
Company Name: Atlas Commercial Capital, Inc.
Year Founded: 1995
Years with Company: 20
Years in real estate industry: 34
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 started to read the NYREJ when it was first published. I remember thinking that if this regional publication is anything like its sister publication for New England, it will be a great addition for everyone involved in commercial real estate in New York. As a commercial real estate broker that specializes in commercial property financing for over 30 years, the NYREJ has proven itself to be a powerful tool for me for many reasons. I like to read about my competition as well as all the other companies involved in our industry. I have advertised in the Journal and have had closings directly related to those advertisements.
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
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
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”.
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