News: Spotlight Content

2023 Ones to Watch Rising Stars: Audley Clarke, TrueRate

Audley Clarke 
Senior Associate
TrueRate

Number of years at firm: 2

One thing on my bucket list: Buy my mom a house and let her retire early.

When I am not working, I am: Networking, researching, and studying.

What recent project, transaction or accomplishment are you most proud of? Last year marked TrueRate’s first full year of operation and I’m undoubtedly proud that our original team of three people sold just under $100 million of commercial real estate in that time frame and the foundation that has been built among our team to ensure long-term success for the new team members to come. Over the coming years, we’ll be continuing to expand in size with the goal of becoming a billion-dollar sales volume team, consistently utilizing cutting-edge and data-driven technology to differentiate our processes, and evolving our approach to suit every client and their unique needs. 

What makes this nominee a RISING STAR? 
“From his first day with TrueRate, Audley has displayed the hunger and drive necessary to become an elite broker in this business. His keen attention to detail, desire to learn, and strong determination sets him apart from other players in the space. Audley will undoubtedly have a lot of success for many years to come.” - Samuel Finkler, Senior VP at TrueRate

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
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
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”.