News: Spotlight Content

Brick Visual launches virtual RE tours with VIEW

Brick Visual, the architectural visualization company, has just launched VIEW, a revolutionary product bringing virtual real estate tours to iPhones, iPads, Tablets and computers. With VIEW users can easily share the property tour across all social media platforms such as Facebook, Twitter, Linkedin, Google+ with the integrated "share" button, thereby multiplying marketing efforts of any property project many fold. The debut of VIEW was created for Silverstein Properties at 7 World Trade Center, for the project called Silver Suites, a stunningly beautiful temporary office space project on the 46thFloor. By just a click of a link or even by scanning a QR code, users can enter a very exciting high definition interactive 3D walkthrough of any space. VIEW enables the user to experience and manipulate the virtual twin of a project at any stage of the build-out process. It can be created with both renderings and photographs allowing both existing and non-existing spaces to be showcased. VIEW allows clients to control the space, the design, change the materials, while easily sharing photos and spaces with anyone right from within the application.
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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
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”.
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