What was your most notable project, deal or transaction in 2013?
It was a tie between a multi-billion-dollar applied sciences graduate school being built on Roosevelt Island and, farther from home, the $5.25 billion expansion of the Panama Canal. My work for Jacobs Technion - Israel Institute of Technology is helping it, along with Cornell University, reinvent the city as a high-tech innovation leader with this massive 30-year project.
I represent Constructuro Urbana, the only Panamanian construction company working on the Panama Canal project, on construction of the Atlantic Bridge, which will span the widened canal. I have also worked on claims regarding construction of new canal locks.
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
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
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
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”.
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