Sandra Erickson, owner of Sandra Erickson Real Estate, Inc. has been elected a director of NYNB Bank.
A licensed real estate broker, property owner and property manager, Erickson has more than 23 years of experience in the real estate industry. As a broker, Erickson specializes in marketing multifamily, mixed use and commercial properties.
Widely recognized for both her civic and professional work, in 2007 she received the Bronx Chamber of Commerce Entrepreneur Award and was named Bronx Businessperson of the Year by the Bronx County Historical Society.
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
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
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
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