News: Spotlight Content

2024 Ones to Watch Rising Stars: Michael Casey, M&T Realty Capital Corp.

Michael Casey
Vice President
M&T Realty Capital Corp.

“Mike played a pivotal role on our small team in helping to drive new agency business through our partnership with Marcus & Millichap in 2023. His knowledge and tenacity for the business are contagious and drive our team every day to provide the best service and execution for our clients while growing our platform into an industry leader.” – Alex Capozza, SVP at M&T Realty Capital Corp.

How do you balance your rising career with your personal life? When I was a first-year analyst in New York City I was told there were three options; career, personal life, and sleep, and to pick one. Fortunately, I’ve learned that people giving unsolicited advice can be overly dramatic and also that I don’t need much sleep.

Beyond your professional achievements, what are some of your passions or hobbies? Wandering the streets of New York City on a weekend morning with a cup of coffee and no destination has become my unplanned hobby over the past few years. I’m not great with directions so thank God for the grid system.

Who are the key people in your life that have contributed to your success? Terence Casey, my father, is the most driven and hard-working individual I’ve ever met and the most influential in my life. He taught me the valuable lesson that hard work beats talent when talent fails to work hard.

Outside of your career, where else do you seek continuous learning and personal growth? Reading books on my subway commute every day has had a significant impact on my continuous learning and personal growth outside of my career. I also learned quickly that not everyone in my life wants to talk CRE, so it’s definitely helped give me some content to work with.

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
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”.