News: Spotlight Content

Robert Hebron of Ingram & Hebron Realty

What was your most notable project, deal or transaction in 2011? Working with the venerable Brooklyn Friends School in their quest for a 50,000 s/f expansion site. What was your greatest professional accomplishment in 2011? Having Ingram & Hebron Realty selected to exclusively represent SL Green in the office leasing of the historic 300,000 s/f 16 Court St. in Downtown Brooklyn. What are your predictions for commercial real estate in 2012? Office leasing is undoubtedly improving as 2011 closes. Development sites are red hot (and rare). Investment sales are steadily ramping back up. It looks good! What are your resolutions for 2012? Be a better and healthier father, husband, son and real estate professional. Never forget that it is someone else's money, hopes and dreams that I am privileged enough to be trusted with every day. Recommit to consistently utilize my iPad and smartphone instead of yellow sticky notes. (See last year's similar pledge...)
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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
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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
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

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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”.
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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