What was your greatest professional accomplishment in 2011?
Being fortunate enough to secure my firm's role in some major NYC commercial real estate transactions in a difficult market.
What are your predictions for commercial real estate in 2012?
I am forever hopeful but believe it will likely continue to creep along. With the global economy being as it is I, unfortunately, don't forsee any major upswing in the coming year.
What are your resolutions for 2012?
It is my continued resolution to plug away at furthering my firm's business with new relationships in this competitive NYC real estate market and continuing to foster those I have been lucky enough to enjoy over the years.
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
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
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
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 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