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Daniel Deegan, Forchelli Law

Contact Name : Daniel Deegan, Esq. Company Name : Forchelli, Curto, Deegan Email : [email protected] Phone : 516-248-1700 Fax : 516-248-1729 Address, City, State : Uniondale, New York What was your most notable project, deal or transaction in 2012? : The firm represented Renaissance Downtowns Urban America LLC - named Master Developer by the Village of Hempstead for its Downtown Transit Oriented Development Project which will consist of over 3000 units of new housing & over 1 million square feet of office, retail and hospitality uses. Working together with the developer, the Village adopted a first of its kind form-based zoning code that incentivizes cooperation among property owners and requires participants to employ Village residents for a portion of the jobs created by the project.
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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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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
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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”.
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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
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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