News: Spotlight Content

Rechler of Rechler Equity Partners to speak at downstate SIOR event

The downstate New YorkChapter of SIOR along with the N.Y. and Northern N.J. CCIM Chapter and the Metro N.Y. NYSCAR Chapter, will host 150 real estate professionals in the Main Ballroom at the Long Island Marriott Hotel (adjoining the Nassau Veterans Coliseum), 101 James Doolittle Blvd. The April 14 event will start at 11:30 a.m. with a one-hour sponsor exhibition and mixer with refreshments and appetizers. Lunch will follow. The event's keynote speaker is Mitchell Rechler, co-managing partner of Rechler Equity Partners and R Squared Real Estate Partners. Rechler will discuss various development projects currently underway on Long Island. The event will end at 2 p.m. Advance reservations are $55 per person. Seating is limited to 150 brokers and the event is expected to be sold out. Checks should be sent to Jeff Schwartzberg, Sutton and Edwards, Inc., 1981 Marcus Ave., Lake Success, N.Y. 11042, and should be made payable to SIOR Downstate NY Chapter. All checks are due April 1. Any availabilities at the door will be available on a first-come, first-serve basis for $60. Should you have any questions, feel free to call William O'Brien, 2008 downstate N.Y. SIOR chapter president at 718-252-9191, ext. 110. SIOR is a leading professional commercial and industrial real estate association. With more than 3,200 members in 562 cities in 22 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists. SIOR has certified 2,500 of its members with the SIOR designation, a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. Real estate professionals who have earned the SIOR designation are recognized by corporate real estate executives, commercial real estate brokers, agents, lenders, and other real estate professionals as the most capable and experienced brokerage practitioners in any market. SIOR designees can hold the following specialty designations: industrial, office, sales manager, executive manager, or advisory service. SIOR also includes associate members who include corporate executives, developers, educators, and other involved in the commercial real estate industry. A professional affiliate of the National Association of Realtors, SIOR is dedicated to the practice and maintenance of the highest professional and ethical standards. SIOR maintains a commitment to business and industry by providing outstanding professional services, publications, and educational programs. Last year SIOR members reported an average per person dollar volume of $33.5 million worth of property leased or sold. Cumulative dollar volume for all SIOR members was $85.6 billion of property leased or sold. As a group, SIOR members closed 82,747 transactions in 2006 involving more than 239 million s/f of industrial and office space.
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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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
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”.