News: Spotlight Content

Gilda Perez-Alvarado, Jones Lang LaSalle Hotels

What was your greatest professional accomplishment in 2013? My promotion to executive vice president in full service investment sales, making me the most senior female transactions professional in the hotels and hospitality group. What was your most notable project, deal or transaction in 2013? The successful execution of several high profile transactions, including the sale of the InterContinental New Orleans, and the on-going transaction process of the InterContinental New York Barclay. What are your predictions for commercial real estate in 2014? I expect for the market to remain at or above liquidity levels seen in 2013. The investor and lender pool is becoming wider and more global every day, especially for key investment markets such as New York, San Francisco, Los Angeles and Washington D.C. What are your resolutions for 2014? Continue to provide exceptional client service and bring added value to all transactions by leveraging our unmatched global platform.
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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
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Columns and Thought Leadership
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
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”.