Allan Schwartz, CPP, CHS-III, is the president of Safeguards International, Inc., Yonkers, N.Y.
What was one of your corporate or career highlights of the decade?
A full decade of speaking and lecturing engagements on disaster management, contingency planning and business continuity to commercial and residential high-rise property management, as well as museums, libraries, cultural properties, colleges and universities. A full decade of writing informative articles for the New York Real Estate Journal on timely security and safety related topics. Contributed a major article on "Terrorist Threats" in the 2003-2004 "Northeast Industrial Development Resource Guide," a New England Real Estate Journal Publication. Was a Contributing Editor for the "Emergency Planning Handbook," Second Edition 2003, published by ASIS International.
What are your predictions for commercial real estate in the new decade?Commercial real estate will grow. Emergency planning will grow as a necessary operating function and will be a positive marketing tool.
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
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
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”.
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