News: Spotlight Content

Professional Profile: Michele Arbeeny 2013

Name: Michele Arbeeny Title: Partner Company: Windels Marx Lane & Mittendorf, LLP Location: 156 West 56th Street, New York, NY Birthplace: Brooklyn, NY Education: J.D., Brooklyn Law School, 1997, Double B.A., psychology/history, Boston University, 1994 What do you do now and what are you planning for the future? I am a practicing lawyer and partner at Windels Marx, where I focus on commercial lending, trade finance and municipal finance transactions. My clients include various financial institutions and not-for-profits who seek my counsel in all aspects of secured and unsecured financing, including: construction loans, revolving facilities, and credit-enhanced and private placement bond financings. My future involves continuing to grow and diversify my practice, in addition to continuing a passion for mentoring the next generation of lawyers. How do you unwind from a busy day in real estate? I am a mother of two growing boys, and my husband and I have a large extended family. Unwinding involves family time, good food and lots of laughter. One word to describe your work environment: Bustling. Rules to live by in business: Work hard and stay focused. What is your dream job? I think I'm living the dream right now.
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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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Columns and Thought Leadership
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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
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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
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