News: Spotlight Content

Brenda Garretson, CCIM, RPA, FMA Associate Broker CB Richard Ellis - Albany

Name: Brenda Garretson Title: Associate Broker, CCIM, RPA, FMA Company: CB Richard Ellis/Albany Location: Albany, N.Y. Birthplace and year: Bayshore, L.I., N.Y., 1966 Family: Husband, David (13 years); sons: Christopher (6) and Jonathon (5) College: Manhattan Community College First job outside of real estate: Have been in commercial real estate for over 21 years. Been working since I was 13: restaurants, bakeries, painting contractor First job in real estate or allied field: NYC: small real estate investment firm, which was a spin-off from a larger real estate company. Worked as "assistant to the president." We acquired a $50 million mixed-use complex in Pittsburgh, Penn. What do you do now and what are you planning for the future: CBRE is the world's largest real estate company. Our office, in the Capital District, has the largest volume of transactions annually. We are a traditional brokerage firm. Hobbies: Golf, boating, anything with my children (field trips, amusement parks, etc.) Person you admire most (outside of family): Sam Walton Keys to success: Hard work, dedication, passion. My first real boss told me two things that I never forgot, "You are only as strong as your weakest link" and "Use all available resources." They both apply to everything in life - not just work. If you had to choose another vocation what would it be: Junior high school teacher/guidance counselor or involved in the restoration of historic/old buildings.
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
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”.
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