News: Spotlight Content

Richard Neuman, Relocation Management Solutions, Inc.

What was the best thing that happened to you or your firm in 2014? RMS was selected as Move Consultant for SUNY University at Buffalo (UB) School of Medicine and Biomedical Sciences. RMS will lead the school's planning for logistics, programming and phased relocation of research laboratories, equipment, administrative offices, classrooms, clinical rooms, and support suites to the new 600,000 s/f downtown campus. What was your most notable project, deal, transaction or personal achievement in 2014? RMS provided Owner's Rep and Move Management consulting services for the YMCA Retirement Fund's 52,000 sq ft build out at 120 Broadway. The design and amenities created a pleasant supportive environment for the staff. The pension fund's design included a gym to encourage good health and fitness for the employees. To isolate the gym equipment from disturbing other tenants in the 90 year old tower, a reinforced concrete slab jacked up 4" by deflection springs and a separate wooden floor on neoprene isolation pads provided the necessary acoustics and absorption to silence the weight stacks and pounding of treadmills. What are you looking forward to accomplishing in 2015? I have met some terrific new colleagues over the last year through project collaboration and networking and will continue fostering those and new relationships. What are some of your real estate predictions for 2015? We have seen a steady increase in opportunities and expect that trend to continue through 2015.
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
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”.
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
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