News:
Spotlight Content
Posted: May 26, 2015
Professional Profile: Nicholas Terzulli 2015
Name: Nicholas Terzulli
Title: Director of Business Development
Company: Nassau County Industrial Development Agency
Location: Mineola, N.Y.
Birthplace: Manhasset, N.Y.
Education: Chaminade High School, American University, New York Law School
First job outside of real estate: Umpire, East Meadow Baseball and Softball Association
First job in real estate or allied field: Managing director, CapitalHQ
What do you do now and what are you planning for the future? The Nassau IDA is aggressively providing incentives to ensure Nassau County businesses stay and grow in Nassau County, while actively courting new businesses to move into the County. It's a two front campaign.
How do you unwind from a busy day in real estate? As a proud Italian, cooking and eating are essential! My wife and I enjoy exploring (AKA eating & drinking) the North Fork of Long Island. We have an energetic 3 year old labradoodle and an even more energetic 15-month old daughter, and we love playing with them and taking them on walks.
Favorite book or author: Michael Lewis & Laura Hillenbrand
Favorite movie: "The Godfather"
Last song you purchased/downloaded? "Uptown Funk"
One word to describe your work environment: Passionate!
If you could invite one person to dinner (living or dead, but not related to you) who would it be and where would you go? Jesus Christ, Teddy Roosevelt, and James Baker. Lunch at Capital Grille.
What is your dream job? Executive director, Port Authority of New York and New Jersey
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)
Quick Hits
.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
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
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”.
.gif)