News:
Spotlight Content
Posted: December 22, 2014
Jessica Richer, RealtyUSA Commercial Investment Division
What was the best thing that happened to you or your firm in 2014?
The Best Thing that happened to me this year was being named the "Commercial Investment Agent of the Year 2013" and "Top Branch Producer 2013" for the RealtyUSA Commercial Division at the Regional Awards event in March of 2014.
What was your most notable project, deal, transaction or personal achievement in 2014?
I was selected by the Bethlehem Central School District to be the Listing Agent for their Administrative Building. The building was zoned specific to the School District use therefore; any new buyer would be required to obtain a use variance. The first party under contract was not able to gain community support for their proposed use. The second purchaser put together a team of professionals who collaborated and gained community support for the concept. It was exciting and fun. The purchaser was granted a use variance and a parking variance and closed on the deal in May 2014.
What are you looking forward to accomplishing in 2015?
I am looking forward to applying for a SIOR (Society of Industrial And Office Realtors) candidacy and beginning that journey in my professional development.
What are some of your real estate predictions for 2015?
I think that 2015 will be another great year. During this year, I was involved in a significant level of leasing activity in the office and warehouse sectors as well as sales of small to midsized commercial buildings. I believe that 2015 is poised to maintain this trend and that the Commercial Real Estate activity in 2015 will continue to be strong in the Capital District.
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
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
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
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
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
.gif)