Ornstein of Transwestern: Unique approach with PR background
Name: Lindsay Ornstein
Title: Partner
Company Name: Transwestern
Years in Commercial Real Estate: 13
In the last 12 months, which project, transaction, honor or accomplishment are you most proud of and why?
PubMatic at 229 W 43rd St. We were hired, negotiated, secured and built customized space, and our client moved in all in less than 6 months start to finish on a 20,000 s/f transaction.
What was your first job and what did you learn from it?
I began my career in PR and marketing. I apply a marketing perspective to all aspects of my transactional business and I think it gives my clients a unique approach and better results.
than a single-minded focus.
What is your favorite quote?
By Theodore Roethke, "I wake to sleep, and take my waking slow...I learn by going where I have to go."
What are you doing differently in 2014 that has had positive impact on your career?
Maximizing my time and efficiency by eliminating activities, meetings and commitments that distract from productivity.
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
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
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
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”.