News: Spotlight Content

Anita Konfederak, Merritt Engineering Consultants, P.C.

What was your greatest professional accomplishment in 2013? We became an IAS accredited Class 1 Special Inspections Agency. This saves our clients time and money by not having to retain additional companies for inspections during construction. What was your most notable project, deal or transaction in 2013? Our most notable project in 2013 was a 2 million dollar roof replacement job for Verizon in Brooklyn. This building houses the switchgear for NYC's entire 911 emergency call center. We designed a highly durable roof system and are insuring that no moisture penetrates inside during construction as to not disturb operations. We are working closely with the owner's representative, Cushman & Wakefield and the general contractor, Structure Tone to complete the project within record time. What are your predictions for commercial real estate in 2014? I predict an increase in construction activity in downtown Brooklyn. In the past 5 years we have designed 3 multi-million dollar commercial restoration projects in this area. The increase in commercial restoration has lead to an increase in residential restoration resulting in improved retail opportunities. What are your resolutions for 2014? In 2014 we plan to focus on new regulations regarding railing inspections and restorations.
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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
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Columns and Thought Leadership
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
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Properly serving a lien law Section 59 Demand - by Bret McCabe

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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