What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? Working and collaborating with clients to help them secure the cash flow needed to expand and grow their business by identifying ways for them to save on taxes.
What person, project, transaction or market trend had the greatest impact on your industry this year? The New York property tax law firm landscape changed dramatically in 2022 when the decades-long industry leader, Koeppel Martone & Leistman, L.L.C., joined FDT with all of their attorneys, staff and clients.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? As I finish out my first full year as CEO of Eastern Union, the company has experienced significant growth.
What person, project, transaction or market trend had the greatest impact on your industry this year? Rising interest rates have affected everyone in the real estate industry in 2022.
What person, project, transaction or market trend had the greatest impact on your industry this year? The expiration of the 421a tax abatement had the greatest impact on the development sector.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? To end the first quarter of 2022, I represented a client in the financing of one of the largest multi-family purchases in Queens since the start of the pandemic.
What person, project, transaction, or market trend had the greatest impact on your industry this year? As the market shifted due to the pandemic and cutting-edge technologies enabled people to work remotely and efficiently, flexibility became a priority for both individuals and businesses.
What person, project, transaction or market trend had the greatest impact on your industry this year? I think we can all agree that the greatest impact on our industry in 2022 was the rapid/aggressive rise of interest rates.
What person, project, transaction or market trend had the greatest impact on your industry this year? An increased number of buyers and renters in NYC want their homes and buildings to support a modern, healthy lifestyle – spaces for exercise, connection to nature, workspace outside of their residence, technologies implemented throughout.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? New Empire Corp. was extremely active over the past year with the recent acquisitions of 58-01 Queens Blvd. in Woodside and Flatbush development sites located at 757-767 Flatbush Ave.
How has your career path changed in 2022? In November 2021, I went from being a conventional, old school commercial mortgage broker to the founder of a subscriber-based, national proptech platform, currently featuring 30,000 property listings worth approximately $50 billion in sales.