News: Spotlight Content

Michael of MGM Islandwide utilizes social media to network

During the last 10 years of your career, which professional accomplishment, honor or achievement was most meaningful to you and why? I created the Long Island Real Estate and Business Renaissance, a collaboration of the top LI organizations with a focus of stimulating the economy. The event has mushroomed into an event we can turn to year after year. How are you using social media to promote yourself, your products and / or your firm? Social media has allowed me to expand my network for business and create more awareness for my availabilities. SM enabled me to find industry related professionals that help my clients. Whenever I have a question related to the industry I take it to Linkedin or Facebook What advice would you give to women just starting out in commercial real estate? We need to lead by example, be a woman other women can turn to for inspiration and guidance. We're all in this together. How do you contribute to your company and / or the industry? Marketing and branding have been my strong pts so it was natural for me to use that to increase our brand in the marketplace.
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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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Columns and Thought Leadership
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
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
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”.