News: Spotlight Content

Larry Ross, Highcap Group

What was the best thing that happened to you or your firm in 2014? Moving to a larger space on Fifth Avenue which allowed us expand our operation and sales team. What was your most notable project, deal, transaction or personal achievement in 2014? My contributions in helping to further establish our presence in the tri-state real estate market, and as a force to be reckoned with in the investment sales arena. What are you looking forward to accomplishing in 2015? The continued growth and branding of Highcap Group. What are some of your real estate predictions for 2015? Despite much higher land prices and compressed cap rates, the market will continue on its current course as fast developing historically fringe markets, and fresh capital, will continue to act as a safety net and buoy the market.
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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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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
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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