News: Spotlight Content

2023 Ones to Watch Industry Leaders: Michael Rosenberg, Chaves Perlowitz Luftig

Michael Rosenberg
Partner
Chaves Perlowitz Luftig

Number of years in CURRENT position: 1.5

3 skills that you use every day in your position: Expert negotiating skills, client relationship management and legal analysis and strategy

Best book, podcast, or app for aspiring leaders: Drive: The Surprising Truth About What Motivates Us” by Daniel H. Pink: This book explores the science of human motivation, providing insights that leaders can use to inspire their teams.

Best advice for new leaders in 10 words or less: “Cultivate trust, negotiate wisely, harness the power of details.”

What recent project, transaction or accomplishment are you most proud of? Representing a financial institution in originating a nearly $100 million mortgage loan for a massive condominium project, which included residual construction issues and a large mezzanine component. The deal involved sophisticated borrowers and legal teams as well as a global mezzanine institution. Despite the complexity and scale, I navigated the intricate components with precision. This project demonstrates the successful negotiation and financial structuring capabilities, showcasing my adept handling of large-scale, high-stakes transactions within tight timeframes.

What makes this nominee an Industry Leader? “Michael Rosenberg’s prowess in commercial lending, honed over 18 years, is unparalleled. An expert negotiator and team leader, he deftly navigates complex transactions, mitigates risk, and builds enduring client relationships. His multistate legal expertise broadens our reach, reinforcing his status as an exceptional industry leader propelling our firm’s growth.” - Alan Perlowitz, Managing Partner at Chaves Perlowitz Luftig.

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
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
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