News: Spotlight Content

2021 Ones to Watch: Eleanore Martins, Akerman LLP

Name: Eleanore Martins

Title: Partner

Company Name: Akerman LLP

Real estate associations or organizations that you are currently a member of: ULI NY NEXT committee member, The Citizens Housing and Planning Council’s Policy Innovation Network

What recent project, transaction or accomplishment are you most proud of?
I am most proud of a recent land use approval for a rezoning to permit a hotel development on Arthur Ave. in the Bronx’s Little Italy. Hotel development in the Bronx is extremely limited, even pre-pandemic, but we were able to work closely with surrounding institutions including the NY Botanical Gardens, the Bronx Zoo and Fordham University to get the project through the onerous public approval process. On a personal note, as a graduate of Fordham University that lived in that neighborhood both during and after college (and in fact, for the first two years of my life), it was especially fulfilling to work on something that I truly believe will benefit an iconic NYC neighborhood.

Who was/is your mentor and how did s/he influence/help you in your career?
My mentor was an attorney at a boutique land use law firm I worked at as a paralegal right out of college. Having a female attorney as a mentor who truly loved the field convinced me to go to law school to pursue a career specifically in NYC land use law.

How do you keep your team motivated despite conflicts and obstacles?
I believe that remaining connected with my team not only professionally but personally and socially (especially during the recent challenges of the pandemic) is critical to maintaining motivation. I am lucky to have an excellent and very collegial team in our NYC land use practice, and it was a huge challenge to adjust to working remotely without team members feeling isolated.

How do you contribute to your community or your profession?
I am involved in ULI New York as a member of the ULI NEXT committee and a member of the New York City Bar Association. Additionally, I am an active member of Akerman’s New York Community Impact Team and serves as a mentor to three associates in the New York Land Use practice through Akerman’s mentoring program.

What led you to your current profession?
I originally wanted to be an architect. But after interning with an architectural firm in college, I realized I didn’t have the passion to take me through a graduate program in architecture. However, I was exposed to land use and zoning while there, an area of legal practice I had no idea existed, and loved that I could be a lawyer without sitting behind a desk all day working on documents. One of my favorite things about this field is being able to point to various buildings in the city and know that I helped make those a reality, whether it’s a much needed affordable housing development or a hotel on Arthur Ave.

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
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
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
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