News: Spotlight Content

25th Anniversary - Featured Company: Schuckman Realty: A mission of delivering first-class service and working with integrity

Schuckman Realty Inc. was founded in 1979 by my father, Stanley Schuckman; with a simple mission of delivering first-class service and working with integrity, Schuckman quickly became a well-respected firm in the Metro New York area. With over 20 million s/f in transactions, we have distinguished ourselves as a firm that puts our clients' interests first. Tenacity, along with a strong work ethic, has been the primary ingredients enabling our growth and sustainability over our 35-year history. Vulnerable to the current state of the real estate market, a brokerage company survives the test of time based upon the company's performance during economic downturns. Through the peaks and valleys of a changing world economy, the team at Schuckman has developed the skills necessary for success no matter the fiscal climate. Throughout our history, we have dedicated ourselves to developing the expertise of retail market specialists and providing value-added services. As the leading retail broker and developer in the New York Metro area, we continue to strategically plan retail expansions and shopping center developments for our clients. Shopping center owners and tenants alike appreciate and value our hands-on approach to every assignment; this being evident as our firm continues to grow and flourish. A repeated compliment we receive from the marketplace is their impression that the properties we handle are ours, not our clients. Figuratively speaking, we do view our clients' properties as if they are our own and treat each property and landlord as part of our family and advise them as such. We currently handle over 3 million s/f and over 125 properties throughout the city of New York and Long Island. Our tenant representation business has also distinguished itself more significantly from year to year. Our "retail partners" benefit from the energy and vitality of our team along with our decades of market knowledge and research. Tenants recognize that our team has successfully completed transactions in every major retail market and have confidence in us when making tough decisions during the site selection process. We are often called upon by tenants for market comps although they are represented by other firms, demonstrating that our team is recognized as "the team in the market." Our approach allows us to cover territory in the most efficient way; Directors of Real Estate confidently work with our team knowing their territory is taken care of. As the new president and principal of the company, I am humbled to continue the traditions my father started 35 years ago. With close to 20 brokers and staff, Schuckman Realty continues to grow while maintaining an environment committed to remaining a "family." I am proud to be associated with every member of my team, each of whom demonstrates the values my father possesses and continues to instill in us every day. My father, Stanley Schuckman, is now 70 years old, and I am truly blessed to work alongside him with the rest of the "family" at Schuckman Realty. Kenneth Schuckman is president at Schuckman Realty, Inc., Woodbury, N.Y.
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
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”.
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