Name: Michelle Marie Zere
Title: Executive Vice President
Company Name: Zere Real Estate
Year Founded: 1980
Years with Company: 25
Q: Your most memorable "15 minutes of fame" in the NYREJ:
A: My most memorable NYREJ moment was in 1989. I was 21 years old and just returned from California where I graduated from UCSB when I did my first office leasing deal - 10,000 s/f for a 10-year lease for the Metropolitan Life Insurance Company at the Airport Conference Center, Bohemia along the McArthur Airport Vets Hwy Business Corridor. The deal was all done on a handshake and I did cartwheels across my office after the long term lease was signed. NYREJ featured this transaction on their cover and I was over the moon because I beat out the national companies to get the tenant by being extra friendly and having my car fixed next to the tenants prior overcrowded location.
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”.
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
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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