News:
Spotlight Content
Posted: December 14, 2010
Guy Bazanos, Highcap Group
Contact Name : Guy Bazanos
Company Name : Highcap Group
Email : [email protected]
Phone : 646-546-5129
Fax : 646-330-5802
Address, City, State : 30 W.39th Street, 5th Floor New York, NY 10018
What was your greatest professional accomplishment in 2010?
Made a successful transition from residential to commercial real estate.
What was your most notable project, deal or transaction in 2010?
Structured a short sale for a 20-unit elevator building with commercial space in Williamsburg.
What predictions do you have for commercial real estate in 2011?
Interest in distressed property will remain high, but price discounts on distressed property will be difficult to find.
What are some of your New Year's Resolutions?
Continue to establish and maintain relationships with investors, developers, and landlords; and procure, negotiate, and close deals in New York's most desirable neighborhoods.
Tags:
Spotlight Content
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
.png)
Quick Hits
.jpg)
Columns and Thought Leadership
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
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”.
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
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
.gif)