Name: Alan Schacter
Title: Partner
Company: Chaves & Perlowitz, LLP
Location: 116 John St., Ste. 319 New York, NY 10038 and 1399 Franklin Ave., Ste. 202, Garden City, NY 11530
Birthplace and date: Brooklyn, N.Y., Mar. 20, 1962
Family: Wife, Sherri; son, Michael (20, a junior at Wisconsin Univ.) and Matthew (17, will be a senior at Syosset H.S.)
College: SUNY Albany, BA, 1984, summa cum laude, phi beta kappa
First job outside of real estate: Entire working career spent as a real estate attorney. Too many odd jobs before then to count: first was as a paperboy in 5th grade.
First job in real estate or allied field: Skadden, Arps, Slate, Meagher & Flom, Associate in the real estate group
What do you do now and what are you planning for the future? Partner at Chaves & Perlowitz; focus is on growing the firm and its commercial practice.
Hobbies: Golf, cycling, photography
Favorite book: "Shogun"
Favorite movie: "The Natural"
Person you admire most (outside of family): Leonardo DaVinci
Keys to success: Hard work, willingness to take risks
If you had to choose another vocation what would it be? Real estate investor
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
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
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