News: Spotlight Content

Crader of AKRF discusses role as project manager and architectural historian

As both a project manager and architectural historian, I specialize in projects with cultural resources components that are as diverse as N.Y.C.'s five boroughs. I research and assess historic buildings and structures, ranging from 19th century industrial and residential buildings, and increasingly, mid-20th century modern buildings. Frequently, project sites also have potential archaeological sensitivity which is often unknown when a client proposes a project. AKRF's clients rely on our collective understanding and extensive experience working with the appropriate city, state, and federal agencies that oversee the review of the cultural resources aspects of projects. My expertise allows me to knowledgeably advise clients through the review process, ultimately moving projects forward while working with complex site histories and conditions. The most rewarding projects are those that require an understanding of a site's evolution through time and how that informs the project's design and objectives.
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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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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
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

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Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe

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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”.