News: Spotlight Content

Stuart Saft, Holland & Knight

Contact Name : Stuart Saft Company Name : Holland & Knight Email : [email protected] Phone : 212.513.3308 Fax : 212.385.9010 Address, City, State : 31 West 52nd Street What was your greatest professional accomplishment in 2012? : Moving my law practice and my staff from the collapsing Dewey & LeBoeuf to Holland & Knight, which US New & World Report subsequently designated as having the best Real Estate Law Practice in the United States. What was your most notable project, deal or transaction in 2012? : It is a tie between negotiating the contract, construction documents and condominium documents for the purchase of the top third of the iconic Woolworth Building and representing the developer of the Baccarat Hotel and Residences. What are your predictions for commercial real estate in 2013? : A very strong year for commercial real estate sales and leasing. I just returned from meetings with investors outside the US and their entire focus was on buying properties in New York. What are your resolutions for 2013? : To spend as much time as possible with Skylar Saft and Avery Saft, my granddaughters, to finish the two books on real estate that I have been writing, and to lose 25 pounds without being required to diet or exercise.
MORE FROM Spotlight Content

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

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
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

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”.
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