News: Spotlight Content

Company Profiles: DiMi

DiMi is a monthly service provider that enables property managers and building owners the ability to monitor and control multiple systems in multiple buildings remotely from their desktop, laptop and BlackBerry. It is a customized interface that requires no proprietary equipment and integrates with existing systems for simplified, economical solutions. DiMi is Italian for "Tell me," and that is exactly what their web-based service does. It tells property managers what they need to know when they need to know it by providing the interface between systems and management. While many products on the market provide some level of monitoring and control, most are limited in their logic and aren't able to meet the changing needs of facility managers. DiMi is not limited in its logic and can be customized to how a manager thinks and works. DiMi also provides the missing link between green builders and building intelligence providers by delivering the ability to monitor and control energy use, carbon emissions and water in new and older buildings. DiMi can provide a virtual grid of data across multiple properties or buildings to help you evaluate trends, strengths, weaknesses and opportunities to be greener, safer and smarter. DiMi speaks. Ready to listen? http://www.dimispeaks.com
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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
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”.
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
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
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