News: Spotlight Content

Jim Taylor, TAYLOR - The Builders

What was your most notable project, deal, transaction or personal achievement in 2014? TAYLOR was excited to be a part of College Town Rochester in 2014, a monumental project for the city of Rochester, the University, and surrounding region as a whole. Helping to create a vibrant, cosmopolitan atmosphere within walking distance from the River Campus, College Town will enhance the quality of life for both the Mt. Hope neighborhood community, and the University of Rochester. TAYLOR was responsible for the construction of Buildings #2 and #5, as well as multiple retail build-outs, a significant portion of the new 500,000 s/f mixed-use development at the intersection of Mt. Hope and Elmwood Aves. in the city of Rochester. Building #2 included construction of a 4-story, 220,000 s/f residential/retail building, featuring a 2-story Barnes & Noble Bookstore. Building #5 included construction of a 3-story, 69,000 s/f residential/retail building, featuring street-level shops and restaurants.
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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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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”.
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
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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
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