News: Spotlight Content

Ayall Schanzer, Friedland Realty Advisors

What was your most notable project, deal, transaction or personal achievement in 2014? Top Deal: 1500 Broadway, New York, N.Y. 2,000 s/f leased to Retail Citizen Watch of North America New Lease Broker: Gene Meer 1080 Leggett Avenue, Bronx, NY 80,000 SF leased to Industrial Sunrise Co-Op New Lease Brokers: Ross Schneiderman, Steve Kornspun, Atanu Bhattacharjee What are you looking forward to accomplishing in 2015? Friedland will uphold its reputation as a market leader in the metro New York and Westchester areas through deep knowledge and agility in an ever-changing real estate landscape. With a keen focus on industrial, retail, investment and office properties, Friedland will continue to facilitate marquee-name deals, increase awareness of our new brand and expand our corporate footprint. What sets Friedland apart is our unparalleled market intelligence and ability to get deals done by working with stakeholders to reach optimal results, quickly. As we bring in new talent and reinforce our value, vision and mission, it is our corporate culture that will set us apart from the pack.
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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
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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
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
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”.