News: Spotlight Content

Professional Profile: Gene Spiegelman, 2014

Name: Gene Spiegelman Title: Vice Chairman, Americas Retail Services Company: Cushman & Wakefield, Inc. Location: Midtown Manhattan, N.Y. Birthplace: Brooklyn, N.Y. Education: University of Maryland Undergrad and New York University, Grad First job outside of real estate: Real Estate was my first job. First job in real estate or allied field: Industrial Broker, Long Island, July 1986 What do you do now and what are you planning for the future? Retail real estate professional now and plan to be a retired retail real estate professional in the future. How do you unwind from a busy day in real estate? Go home and see my family. Favorite book or author: "Atlas Shrugged" by Ayn Rand Favorite movie: "Weekend at Bernies" Last song you purchased/downloaded? "Me & Mr. Jones" by Amy Winehouse One word to describe your work environment: Hectic. Rules to live by in business: "Be able to walk back into any door you walk out of." If you could invite one person to dinner (living or dead) who would it be and where would you go? Winston Churchill - Peter Lugers What is your dream job? What ever keeps you happy - so this must be it!
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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”.
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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

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
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