News: Spotlight Content

Famularo and Idnani of NYCRS broker 3,125 s/f

According to James Famularo and Ravi Idnani of New York Commercial Real Estate Services, (NYCRS) they have brought a new restaurant concept to Midtown East. As exclusive tenant agents, Famularo and Idnani completed a 3,125 s/f lease at 306 East 49th St. The brokers representing the landlord were Greg Covey and Ross Berkowitz of RKF. The group is set open their new restaurant in September.
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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
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

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The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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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”.