According to Fred Colin, principal of Colin Development LLC, Edward Glackin has joined the company as chief operating officer.
"Ed Glackin brings his extensive knowledge of the metropolitan New York real estate market to Colin Development," said Colin.
"For over two decades, he has negotiated agreements with some of the area's largest retailers, tenants, owners and developers. I look forward to Ed's involvement in the day-to-day operations of the company. I am confident he will contribute to the growth of the company through his expertise in leasing, management, acquisitions and development. His knowledge of the varied aspects of our business will enable him to participate in all of the company's critical decisions."
As vice president of real estate at King Kullen Grocery Co., Inc., a regional supermarket headquartered in Bethpage, New York, for the past 15 years, Glackin advised King Kullen on every new store development. He was also responsible for the disposition or redevelopment of surplus real estate, and all other aspects of property administration and management.
Academic degrees held by Glackin include a B.A from Boston College, a J.D. from Albany Law School and a certificate in Real Estate Investment from the Real Estate Institute of New York University. He has been admitted to the bar in both New York and Connecticut.
A resident of Huntington, New York, Glackin serves as vice chairman of the board of directors of the Huntington YMCA and has served two terms on the zoning board of the Village of Huntington Bay.
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
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
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
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
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”.