In my role as project manager and planner at AKRF, I have had the privilege of working on the environmental reviews of some of the city's most transformative projects—from those that have changed the skyline, such as the Bank of America tower at One Bryant Park, the Hearst Tower, and the Goldman Sachs building in Battery Park City, to those that are resulting in the development of entirely new neighborhoods, such as the Hunters Point South project in Long Island City, Queens. Most recently, I worked on the EIS for the Cornell NYC Tech project, a new engineering and applied sciences campus to be constructed on Roosevelt Island that promises to be a stimulus for the City's economy, integrating academics and industry and spurring entrepreneurship. I approach each project with the same goal: to manage the environmental review process, ensuring timely approval, allowing the project to be moved toward completion with minimal interruption to my clients.
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
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”.
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 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
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