News: Spotlight Content

Year in Review 2018: John Proscia, ACC Real Estate Services, Inc.

Name & Title: John Proscia

Company Name: ACC Real Estate Services, Inc.

Address: 155 First Street, Suite 104, Mineola, NY 11501

Website: accresinc.om

 

What was your most notable project, deal, transaction or professional achievement in 2018?

This year ACC was appointed as property manager for four large commercial office buildings that were placed into receivership. We managed the buildings from the appointment of the receivership to the sale of each building, and continue to manage two of the buildings post sale. 

What was the best decision that you made in 2018 and how did it impact your business?

This year we focused on implementing an increase in technology throughout the entire company. This implementation allows for more efficient processes and helps us to better service our client’s accounts. A large part of the implementation was due to a younger, more technologically proficient staff. 

What market trend(s) will impact your industry in 2019?

Technology, as we’ve seen continuously in the past, is impacting the Real Estate and Property Management industry. Technology has enabled us to be connected in ways that weren’t possible in the past. 

What was an unexpected event that occurred in 2018, and how did it impact your career or personal life?

In the beginning of this year I had shoulder replacement surgery. Trying to fully recover and keep up with the business was a complicated task.

Do you have any New Year’s Resolution(s)?

Not to die at my desk. 

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
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”.
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
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