News: Spotlight Content

Fridstein joins Perkins Eastman as principal

According to the board of directors of top architecture and design firm Perkins Eastman, Thomas Fridstein, FAIA, RIBA, LEED AP has joined the firm as principal. Dividing his time between the New York and Chicago offices, he will serve as managing principal for the Chicago office and firm-wide resource for the firm's growing international and commercial practices. Fridstein joins with more than 30 years of experience in the development, design, and construction of notable buildings, urban spaces, and interior environments around the world. He was most recently a principal of RMJM Hillier and the group head of special projects of RMJM. Prior to the merger of RMJM and Hillier Architecture, he was the CEO of Hillier. Fridstein was previously the Senior Director of Design for Tishman Speyer Properties, where he was responsible for directing and reviewing the design of developments worldwide. In addition, a significant portion of his career was with Skidmore Owings and Merrill (SOM), where he served in a variety of leadership roles in their New York, London, and Chicago offices. Fridstein's work has received more than 25 awards, and he has authored several published articles and lectured at Harvard University, Cornell University, Illinois Institute of Technology, and the Boston Architecture Society. His global portfolio of commercial, mixed-use, resort, residential, and other building types comprises work across the US and in the UK, Spain, China, Turkey, UAE, among others. "I am thrilled to be joining this dynamic, growing firm and the many accomplished professionals who have made it so successful," said Fridstein.
MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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