Name: Pierre Debbas
Title: Founding Partner
Company Name: Romer Debbas, LLP
Year Founded: 2011
Years with Company: 3.5
Years in real estate industry: 9
Q: Your most memorable "15 minutes of fame" in the NYREJ:
A: My most memorable feature in the NYREJ is when I was highlighted in the Young and Successful section where the piece discussed how I started my own solo practice and then partnered up with my good friend Michael and grew the firm to 15 attorneys that it is today.
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
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
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