News: Spotlight Content

Kenne Shepherd, Kenne Shepherd Interior Design Architecture PLLC

What was the best thing that happened to you or your firm in 2014? 2014 was a great year for my firm and business is thriving. We are celebrating our 21st year in business in New York and continue to provide comprehensive interior architectural design services to high-end commercial and residential clients such as Calvin Klein and Salvatore Ferragamo. I find myself as passionate today as I was in 1993 about designing unique personalized spaces that express the goals and vision of our wonderful clients who know they can rely on our fine-tuned aesthetic eye to create memorable environments for them. What was your most notable project, deal, transaction or personal achievement in 2014? One of the most exciting things that happened to me this year was a complete surprise. I received the Association of Real Estate Women's (AREW) "Beyond the Call of Duty Award" for my contributions as Co-chair of the Communications Committee. As the award states, it was "with appreciation for my fine eye for detail and design and outstanding commitment to the quality and consistency of Communications in 2014." AREW has been another passion of mine since I joined 14 years ago. I look forward to continued participation in AREW as it merges with NYCREW to become CREW New York. What are you looking forward to accomplishing in 2015? We are committed to the concept that design - interior design, architectural design, all design - has the power to significantly improve all aspects of our lives, whether at work, at home, or at play. As I look forward to 2015, I will be looking for opportunities to significantly improve our environment and, project by project, create a better environment for all and to contribute to the economic growth and beauty of this great city of ours. What are some of your real estate predictions for 2015? I believe that 2015 will be a pivotal year. The midtown skyline is rising to new heights and Manhattan is becoming denser as our neighborhoods are being transformed by new developments. It is an opportunity for us as designers to contribute to this growth, preserving the best of the past and embracing the latest in design, to keep the city livable and vibrant, while working with our clients to enhance the look and value of their properties.
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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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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
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”.
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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