News: Spotlight Content

Dennis Hennessy, SIOR Vice President, Broker Associate COR Brokerage

Name: Dennis Hennessy, SIOR Title: Vice President, Broker Associate Company: COR Brokerage, Inc. Location: Syracuse, N.Y. Birthplace: Syracuse, N.Y. Family: Wife, Carol; sons: Kevin, 16, and Connor, 14 College: Syracuse University First job outside of real estate: Coaching gymnastics First job in real estate or allied field: Owned my own apartments What do you do now and what are you planning for the future? Involved in every aspect of commercial real estate, including sales and leasing. I look forward to continuing to grow in this area and participate in development projects. Hobbies: Scuba diving Favorite book: "The Richest Man in Babylon" Favorite movie: "Patton" Person you admire most (outside of family): My college gymnastics coach, Walt Dodge Keys to success: Work hard and smart. Treat people with sincerity and be honest If you had to choose another vocation what would it be? Law enforcement
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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

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
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”.
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