News: Spotlight Content

Riso of The Briarwood Org. to receive Lifetime Achievement Award

Vincent Riso, a prominent real estate developer and Queens community booster, has been selected to receive the prestigious Lifetime Achievement Award from the Queens Chamber of Commerce. "The Queens Chamber of Commerce has selected Riso for this award because of his vision and dedication to making Queens a borough of choice," said Mayra DiRico, the chair of the chamber's building awards committee. "Queens continues to thrive because of leaders such as Vincent Riso." The award is presented to individuals who are outstanding in their field, community and support of the Queens Chamber of Commerce and its business initiatives. Riso will be honored at the chamber's 96th Annual Dinner & Building Awards Presentation on December 3. "I'm deeply touched that the Chamber has chosen me to receive this award," said Riso. "The real honor has been doing what I could, where I could to serve the Queens community over the years." Riso is a principal at The Briarwood Organization, a family-owned real estate group that develops, builds and manages property throughout Queens, Brooklyn, Manhattan and the Bronx. Outside of his role heading Briarwood, Riso has donated his time and efforts to numerous civic and charitable causes. In 1995, he was appointed to be the sole Diocesan trustee on the members board of the Nehemiah II Project for the Diocese of Brooklyn. He was honored by the Arthritis Foundation at the Queens Leaders' Award Reception in 2001, and has served as an honorary chairman for the foundation ever since. In 2006, he received an East Harlem Community Service Award from Hope Community for contributing greatly to making East Harlem a better place to live and work. Vincent has also dedicated his time to serving countless professional boards and organizations, including the New York State Association for Affordable Housing, the Queens and Bronx Building Association (founding member and past president), the New York City Building Commissioner's Industry Cabinet, the Department of Environmental Protection's Advisory Cabinet, and the Citizens Housing and Planning Council.
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