News: Spotlight Content

2022 Industry Leaders: Gregory DeMarco, Rock Brook

Nominee’s Name & Job Title: Gregory DeMarco, PE, President

Nominee’s Company/Affiliation: Rock Brook

Nominee’s City & State of Employment: New York, NY

 

What is your management style?

My management style can be described as total open and honest communication. I believe in teamwork and inclusion of all, and I encourage everyone to be comfortable expressing their ideas no matter what their role is at the firm.

What was the most difficult experience you have encountered as a leader?

The most difficult experience as a leader was managing through the pandemic. We successfully retained our employees and did not cut anyone’s compensation despite uncertain times.

What advice would you give the next generation of leaders in your industry?

I would advise the next generation of leaders to never give up, push through the tough times, and build a management team around you who truly shares your vision.

Describe what you would consider to be ONE of your top career highlights:

The career highlight that would stand out most would be founding Rock Brook in 2004. I am grateful to everyone who has joined me on this journey, many of whom have been with the firm since the very beginning.

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
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
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”.
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