News: Brokerage

Shea of Certilman Balin Adler & Hyman honored with “Leadership in the Law Award” award from LIBN

Hauppauge, NY Timothy Shea, Jr., a partner in the Land Use and Zoning and Real Estate Groups at Certilman Balin Adler & Hyman, LLP, was honored with a “Leadership in the Law Award”  from Long Island Business News on November 21st at the Crest Hollow Country Club.

Shea represents clients seeking land use approvals, including Change of Zone, Zoning Board of Appeals and Planning Board. These clients range from local development companies to Fortune 500 companies, and include solar array development, big box stores, multifamily developments, medical offices, commercial centers and industrial projects. In seeking zoning applications for his clients, Shea appears before the Five Western Towns of Suffolk, Riverhead and Southampton, and various Villages within.  

Individuals and businesses seeking applications before the Suffolk County Health Department and the Suffolk County Department of Public Works depend on his knowledge of the Suffolk County sanitary codes. He also represents clients regarding Connection Agreements and Construction Agreements with the County of Suffolk.  

He  has successfully prosecuted both civil and criminal appeals before the New York State Court of Appeals and the Appellate Term, Second Department. 

Prior to entering private practice, he served as a staff attorney with the Legal Aid Society of Suffolk County and then for five years as an assistant town attorney for the town of Islip as the director of law enforcement. 

Shea graduated from Vermont School of Law after earning his Bachelor of Arts from Hobart College. He is admitted to practice in the State of New York and before the United States District Court, Eastern District of New York. He is a member of the Suffolk County Bar Association. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced