What was your greatest professional accomplishment in 2011?
This year has been another hard year in real estate, yet I have closed many deals, and stayed in the game. I have expanded my focus to the Bushwick and Willamsburg neighborhoods, and eventually broke the record for East Williamsburg with a $140 per s/f sale in November.
What was your most notable project, deal or transaction in 2011?
Selling the above mentioned deal. And being involved with the sale of 184 Joralemon St., The Brooklyn Law School.
What are your predictions for commercial real estate in 2012?
2012 is going to be a very successful year, as the market in N.Y.C. is about to re-bound and credit markets hopefully will open up again as well as lending.
We need to keep an eye open for the troubled markets in Europe, and the upcoming turmoils in the Middle east, as they might fuel another recession back at home in the U.S.
What are your resolutions for 2012?
As always, if you work hard, you will make a living. Keeping in mind the famous saying,"We get to that hard missions immediately, and the impossible ones, take us some time." I would like to increase the volume of deals, and focus on the boroughs more this year.
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
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”.