News: Spotlight Content

Northeastern Economic Developers Association new member drive competition

Win a free conference registration by helping NEDA grow! Every time you recruit a new member to join NEDA, your chance to win a free registration to NEDA's 53rd Annual Conference in 2009 will improve. Here's how it works: 1. Tell your fellow economic developers about the benefits of NEDA membership, and encourage them to join. (That should be easy!) 2. Tell them to be sure to enter your name on the "sponsor" line on the membership application. They can use a paper application, or join securely on-line at www.nedaonline.org/Application.asp. 3. For every new member that names you as their sponsor, signed up and paid from May 1, through Friday, September 12, we'll add another card with your name on it to the hat for a drawing to be held at this year's 52nd Annual Conference in Buffalo, N.Y., September 21-23, 2008. The more new members you recruit, the better your chance of winning! 4. If your name is drawn, you'll receive one free conference registration for our 53rd Annual Conference to be held in Philadelphia in September 2009. It's that simple. It makes NEDA stronger, it's a real favor to the people that you recruit, and it just might get you free registration at next year's conference in Philly!
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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
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”.
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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
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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