Andrew Richards of Kaufman, Dolowich Voluck & Gonzo LLP
What are your predictions for commercial real estate in 2012?
It appears that there will be certain select projects that will be built based on location and need in the locale, but the overall mass building of hotels and rental commercial buildings will rebound in 2012.
What was your greatest professional accomplishment in 2011?
Defense of a claim in excess of $4 million on regarding alleged defective workmanship by a trade contractor where the client knew that it would owe money and the arbitration award was only $500,000. In defending against the claim, we were able to show that others were also responsible for the defective work and prove that the plaintiff was not entitled to certain components of the damages alleged.
What are your resolutions for 2012?
Spend more time with clients to help them increase their revenues and expand their businesses.
The New York Real Estate Journal is proud to present Ones to Watch: INNOVATORS IN COMMERCIAL REAL ESTATE, the third installment in our annual Ones to Watch Series. This special section recognizes companies and individuals who are driving innovation, inspiring change, and making lasting impacts within the industry. You can also read about innovative products and services that fuel growth, streamline success, and help business owners achieve their goals.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
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Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial