What was the best thing that happened to you or your firm in 2014?
2014 was a very notable year in my life personally as I got married in June to my beautiful wife Tara.
What was your most notable project, deal, transaction or personal achievement in 2014? My most notable deal in 2014 was brokering the $14.45 milion sale of 10 Greene St. in SoHo. It was a very challenging deal and it took a real team effort by everyone involved to get it done.
What are you looking forward to accomplishing in 2015?
I look forward to building more relationships and continuing to work hard for my clients.
What are some of your real estate predictions for 2015?
We will see a correction on land/development pricing and I predict the price per s/f will have to decrease to make any future development feasible.
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
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 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
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
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