News:
Spotlight Content
Posted: December 28, 2012
Tamir Daniel, Daniel T Enterprises
Contact Name : Tamir Daniel
Company Name : Daniel T Enterprises
Email : [email protected]
Phone : (212) 991-5487
Fax :
Address, City, State : 530 Fifth Avenue, 23rd floor, New York, NY 10036
What was your greatest professional accomplishment in 2012? : Daniel T Enterprises is very proud of our representation of both Seller and Purchaser in the sale of a Murray Hill property and the subsequent 1031 exchange. In the exchange, the Seller was the Purchaser in the sale of another Murray Hill property. Both deals were off market and solely handled by Daniel T Enterprises.
What was your most notable project, deal or transaction in 2012? : We were recognized for completion of the sale of an East Village property assemblage on the corner of Avenue D and East 5th Street. The Purchaser joined the following adjacent properties: 53 and 55 Avenue D, and 746 and 748 East 5th Street in New York City. The properties totaled approximate 80,000 square feet of development rights.
What are your predictions for commercial real estate in 2013? : As prices of New York City commercial real estate keep rising and the market become increasingly global, we expect continued growth in prices and changes in zoning to spur development.
What are your resolutions for 2013? : We are on an upward trajectory and hope to increase our investment sales and retail practice as well as further expand into office leasing and financing. We will be looking to hiring savvy agents in the near future.
Tags:
Spotlight Content
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
.png)
.gif)
.jpg)
Columns and Thought Leadership
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
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
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
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
.gif)