Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Bret McCabe to the firm’s construction practice group as a partner.
Prior to joining FDT, McCabe served as general counsel of Fleet Financial Group, Inc. He also worked for a number of construction and real estate development organizations and possesses field experience within the New York demolition and construction industry.
McCabe earned his J.D. from Villanova Law School and his B.A. from University of South Florida.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,