Name: Michael Zere
Title: Executive Vice President
Company Name: Zere Real Estate
Year Founded: 1980
Years with Company: 25
Q: Your most memorable or favorite "15 minutes of fame" in the NYREJ:
A: My most memorable NYREJ moment was in 1996 when I got engaged to my lovely wife, Sondra on top of the Eiffel Tower in Paris, France and the NYREJ reporter was so intrigued by the story that he put a great photo us together in the paper. I still have the clipping, had it framed and it hangs proudly on the wall of my home where my five boys Kyle, Tyler, Hunter, Chase and Blake all get to see it everyday!
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
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”.
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 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
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