News:
Spotlight Content
Posted: December 14, 2010
Ralph Perna, Newmark Knight Frank
Contact Name : Ralph Perna
Company Name : Newmark Knight Frank
Email : [email protected]
Phone : 631 673 0825
Fax : 631 424 8740
Address, City, State : 290 Broadhollow Rd Melville
What was your greatest professional accomplishment in 2010?
To continue to provide to all of my customers, the experience, and the detailed information, required to asist for good real estate decisions.
What was your most notable project, deal or transaction in 2010?
Sunrise Medical Labs a division of Sonic Labs. 90,000 s/f sale and conversion of an existing Industrial building,vacant for three years, and renovated to the headquarters for Sunrise Medical Labs.
What predictions do you have for commercial real estate in 2011?
Activity has been on the uptick, however unlike other spurts of activilty we have had during the last two years,the activilty seemd to have "legs," and at this time, I believe we will see companies start to take advanage of the reduced price levels, the cycle has brought to us.
What are some of your New Year's Resolutions?
Continue to stick to my game plan, the same plan, I have had for the last 35 years.
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
.gif)
.jpg)
Columns and Thought Leadership
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
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
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
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
.gif)