New York Real Estate Journal's 25th Anniversary Publisher's Message
In putting together our 25th Anniversary Issue, we asked our readers to share with us the number of years they have been a subscriber, the year they discovered the NYREJ and their most memorable 15 minutes of fame. Thank you to everyone who contributed to this issue and took the time to share. I enjoyed reading all 102 of them! Hearing first hand from so many people the impact we have been able to make on the industry makes all of our efforts worthwhile and has inspired me to share my own story of when I first discovered the NYREJ and how it has been a benefit to me.
I first discovered the NYREJ in 1993 when I began working for the New England Real Estate Journal. The NYREJ was just a few years old, one section and just 40 pages and quite honestly, I did not pay much attention to it because I was hired to be the publisher of the Connecticut section of the New England Real Estate Journal. At the time, I knew nothing about commercial real estate, publishing or advertising. I gained commercial real estate knowledge through the Journal, and Roland Hopkins taught me about publishing and advertising. He let me pick his brain, or maybe he was brainwashing me... it does not matter, he taught me not be afraid to try new things, to be humble and through the power of the press and my role as publisher I could help small companies grow.
I left in 1997 knowing that when the time was right, I would return. In 2004, with a husband, a house and a 15 month old baby, that time came. The NYREJ was now publishing 6 sections and over 100 pages per issue. With the help our many regular monthly and quarterly columnists and diligent marketing and public relations people I was able to quickly learn about the commercial real estate capital of the world, New York.
Thank you to everyone who has supported the NYREJ during the last 25 years with their editorial and advertising contributions. We could not have done it without you.
As you flip through the issue, please enjoy 25 of our staff-picked "Favorite Firsts."
Kristine Wolf is the publishing director of NYREJ, Norwell, Mass.
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”.
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
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 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