New York Real Estate Journal

Mindy Wolfle, Vishnick McGovern Milizio LLP

December 22, 2014 - Spotlight Content
What was the best thing that happened to you or your firm in 2014? On a personal/professional level, the best thing that happened to me in 2014 was joining Vishnick McGovern Milizio LLP as the firm's chief marketing officer. On a firm wide level, expanding into New York City was a great achievement during 2014. Being able to serve our clients on both Long Island and in NYC is an invaluable asset for the firm. What was your most notable project, deal, transaction or personal achievement in 2014? The firm's Estate Litigation Practice Group is involved in the litigation of an estate involving $50 million in real estate in Manhattan, Texas and other states, with regard to the determination of interest, continuation of entities, profits and income emanating from each of the entities. It will be a number of years until the matter is totally litigated and brought to resolution. What are you looking forward to accomplishing in 2015? Vishnick McGovern Milizio LLP in the process of rolling out the firm's Exit Planning Practice Group, which will be completed in early 2015. These services will provide clients with the time and resources needed to accomplish an economically feasible plan...one that works best for the client and those who succeed him or her in their business. What are some of your real estate predictions for 2015? All indicators point to a healthier home purchase market in 2015. The Ability-to-Repay rule, implemented in January 2014 (describing certain minimum requirements for creditors making ability-to-repay determinations), should have a positive effect on home buying in 2015, reducing the number of foreclosures, ensuring greater economic stability and maintaining property values in residential neighborhoods.