Uniondale, NY Forchelli Deegan Terrana LLP promoted two attorneys effective January 1, 2024:
• John Comiskey to partner and
• Raymond Castronovo of counsel.
Comiskey earned his J.D. from the University of Pittsburgh School of Law and his B.A. from Boston College.
Castronovo earned his J.D. from the Touro College Jacob D. Fuchsberg Law Center and his B.S. from the State University of New York at Oneonta.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,