News:
Spotlight Content
Posted: May 24, 2022
Elliott Kunstlinger, Meridian Capital Group
Name: Elliott Kunstlinger
Title: Director
Company Name: Meridian Capital Group
What recent project, transaction or accomplishment are you most proud of?
The transactions I am most proud of include a hotel refinance that we were able to achieve in the height of COVID when hotel deals were scarce. We also just closed on a $92 million spec office construction deal in Brooklyn that was challenging.
Who was/is your mentor and how did s/he influence/help you in your career?
I try to take a piece of knowledge from everyone I interact with as opposed to doing it all on my own. My mentors are everyone that I’ve worked with since the beginning of my career. I value the people in this industry, and I wish to take people’s success stories and use them as motivation to create my own.
How do you contribute to your community or your profession?
Community and charity give me the motivation I need to continue closing deals. I value our community, and I give back any chance I can.
What led you to your current profession?
I was always on the ownership side of the business, and the last family office I worked for used Meridian as a debt broker. After working with Ralph Herzka and Yoni Goodman on a transaction, it was clear to me that I belonged at Meridian working on the debt side (the dark side)!
Top three things on your bucket list:
I am not much of a bucket list kind of guy, but seeing a Jets Super Bowl would be nice
Favorite quote:
“The best lie is the truth.”
Tags:
Spotlight Content
MORE FROM Spotlight Content
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
.png)
.jpg)
Columns and Thought Leadership
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
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
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”.
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
.gif)