Category: Spotlight Content

Navigating NY’s property tax exemption minefield for nonprofits - by David Wilkes

Navigating NY’s property tax exemption minefield for nonprofits - by David Wilkes

September 30, 2025
Tax exempt organizations that consider owning real estate or leasing their owned space to others to offset operating costs, face a complex minefield of restrictions that can be difficult to analyze and that present significant financial consequences if violated. New York
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on som...

September 30, 2025
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Does a deal with Taylor turn into a deal with Travis? - by Thomas Kearns

Does a deal with Taylor turn into a deal with Travis? - by Thomas Kearns

September 30, 2025
Taylor Swift’s and Travis Kelce’s recent engagement brings up a common clause in real estate investment LLC agreements. A key tenet in the law of LLCs is the pick-your-partner principle. Members of an LLC have the right to choose with whom they do business with because the compatibility of the group
Developing Long Island: Authentic Window Design - A Bold New Chapter for the Tri-State’s Premier Window and Door Experts

Developing Long Island: Authentic Window Design - A Bold New Chapter for the Tri-State’s Premier W...

September 30, 2025
Syosset, NY For decades, Authentic Window Design (AWD), a Lavitt Company, has been a household name for homeowners and building professionals across New York, New Jersey, and Connecticut. Associated with exceptional windows, doors, and service, this trusted leader is taking a major step forward as a company.
Developing Long Island: David S. Mack Center For Training And Intelligence | Harry Singh, Bolla Charity Foundation Training Village

Developing Long Island: David S. Mack Center For Training And Intelligence | Harry Singh, Bolla Char...

September 30, 2025
Garden City, NY SPECTOR companies proudly designed the David S. Mack Center for Training and Intelligence | Harry Singh, Bolla Charity Foundation Training Village, the nation’s first immersive training environment for law enforcement. The state-of-the-art Intel Center
Developing Long Island: SeaWolves Village at Stony Brook University

Developing Long Island: SeaWolves Village at Stony Brook University

September 30, 2025
Stony Brook, NY Key Civil Engineering (KCE) was contracted by Stony Brook University to provide civil engineering services for a major new housing development on the university’s north campus. The project includes the construction of 600 student beds across five dormitory buildings
Developing Long Island: The Grove Apartments

Developing Long Island: The Grove Apartments

September 30, 2025
Brookhaven, NY The Grove Apartments (The Grove) is a three-building, 55-unit mixed-use development in East Patchogue (400 E. Main St.) delivering affordable and supportive housing alongside nearly 1,000 s/f of ground-floor commercial space, to be leased to local nonprofits or small businesses
Bringing Class A experiences to Class B buildings - by Kevin Paul and Joel Richardson

Bringing Class A experiences to Class B buildings - by Kevin Paul and Joel Richardson

September 30, 2025
The world of office real estate has been something of a rollercoaster over the last five years. The COVID-19 pandemic forced companies across the country to switch to a “work from home” model that left office space empty and demand low
More than just a perk: Why are smart buildings  turning to on-site storage for lasting value? - by Nick Esteves

More than just a perk: Why are smart buildings turning to on-site storage for lasting value? - by N...

September 9, 2025
In a city where space is currency and convenience is king, residential buildings are under increasing pressure to offer meaningful amenities that attract and retain residents — without inflating budgets or disrupting operations. As tenant expectations evolve and square footage becomes
Why sales don’t increase your property taxes in New York - and what to know about selective reassessment - by Brad Cronin and Sean Cronin

Why sales don’t increase your property taxes in New York - and what to know about selective reasse...

September 9, 2025
A common misconception in New York is that a recent sale — especially a high sale price — will automatically increase the buyer’s property taxes. Under New York law, that’s specifically not how the system is supposed to work. New York’s assessment
2025 Women in CRE: <br>Alexandra Koretski, Spacesmith

2025 Women in CRE:
Alexandra Koretski, Spacesmith

August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? I’ve been fortunate to work on projects from s ecure government facilities to high-end retail, hospitality, and higher education. The most rewarding is the Brooklyn STEAM Center expansion.
2025 Women in CRE: <br>Jennifer Hower, Esq., Herman Katz LLP

2025 Women in CRE:
Jennifer Hower, Esq., Herman Katz LLP

August 26, 2025
What skill or quality do you believe is essential for success in your field today? A skill that is essential to success in the commercial tax certiorari practice is the ability to listen and actually hear what others are saying. Active listening helps you to fully understand the issues at hand