News: Spotlight Content

Architecture: Five key reasons why having an architect on your development team is essential

The following are five key reasons why having an architect on your development team from the start is essential. 1. Architects are smart! We go to school, take an extremely difficult test to get our license, master codes, master building types and master construction techniques. You can talk to us about anything related to real estate investments: site acquisition, construction costs and code compliance to name a few. We are not perfect, but we make a living by giving you the best and most accurate advice possible and can get sued for giving you bad advice. We also need to take 18 credits of continuing education every year so we are on top of our game. So, having an intelligent voice on your team can't hurt. 2. Architects are creative! We can solve problems in unique and unusual ways. We go to school for 5 years to learn how to solve problems. We can solve complex layout, circulation, structural, cost and site problems before they become serious and cost you money. We can help you through conflicts with sellers and contractors by giving you a unique perspective. We can also design a building that will look great, feel comfortable and attract top paying tenants or buyers. So, having a creative problem solver on your team can come in handy. 3. Architects save you time! With state of the art programs like REVIT, we can design a building quickly and efficiently so you can see what your getting into from the start. We even have cost analysis software that will tell you if the project is worth investing in or not so you don't waste time on money wasters. We are trained to interpret zoning and code regulations quickly and efficiently to save you a trip down to the County Hall. We work closely with expeditors who can get the paperwork through the building departments quickly and accurately. So, having a time saver on your team will give you more time to do what you enjoy most. 4. Architects save money! We usually charge a small percentage of the construction cost but almost always save that amount and then some in the design and construction process. I met with a client recently who wanted to knock down walls and build unnecessary things but after I put aside his ideas and shared my professional opinion, I was able to save him enough money to pay my architectural fees ten times over! Since the cost of construction and vacancy costs are so high, using an architect to keep change-orders to a minimum and to prepare renderings for marketing purposes can be very useful. So, having a clever miser on your team will certainly make you happy! 5. Architects aim to please! Our next check is always dependent on whether the client is satisfied or not. We are people pleasers by heart. We are constantly trying to figure out what will make you happy. We are not mind readers, so you will have to tell us clearly and concisely what it is that you want. So, having someone on your team that wants to make you happy will make you glad. William Gati, AIA, is the president of Architecture Studio, Kew Gardens, 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
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
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
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”.