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Pezenik of DKJ: A business savvy real estate professional

White-glove personal service, encyclopedic market knowledge and professionalism are merely icing on the cake when it comes to what veteran real estate expert Phyllis Pezenik can offer today's most discerning real estate client. With more than three decades of real estate experience, her background includes everything from design and construction to the marketing, management and sale of multi-million-dollar homes and commercial structures. Years of proven business savvy have made Pezenik, a managing director of sales, a creative, self-directed and bottom-line oriented real estate pro. Among her accomplishments, she represented the exclusive sale of an $8 million Fifth Ave. mansion. Her real estate career began in collaboration with her late husband Richard, with whom she catapulted their multi-million dollar architectural design firm to success. Besides the design and execution of interior/exterior plans for high-end commercial and residential properties, Pezenik oversaw all facets of each project, and managed the firm's overall communications, operations and staff. She also served the role as member and then chairman of the Old Westbury board of appeals for many years. Real estate has always remained her number one interest and passion.
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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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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”.
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

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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