News:
Spotlight Content
Posted: April 22, 2025
2025 Ones To Watch - Industry Leaders: Michael Hults, IMEG
Client Executive
IMEG
Sharing knowledge and expertise:
After 33 years as a commissioned U.S. Army officer, and now an IMEG principal, I mentor and encourage open communication. Leadership is caring for your team and their families. I involve my team in decision-making, considering their well-being, and ask them to do so too. I help my team understand the importance of empathy, responsibility, and integrity in leadership. I share my experiences, offer guidance, and challenge them to consider how actions affect others. I ask them to own their professional development and put people first. I want to develop leaders who prioritize their teams’ growth.
Giving Back:
Serving on the Board of Directors for United Veterans Beacon House (UVBH) has been impactful to me, as a recent military retiree and combat veteran. Having firsthand experience of the challenges veterans face after service, I deeply relate to the UVBH mission. Their commitment to providing shelter, sustenance, and comprehensive support to veterans in need resonates with me on a personal level. I strongly believe in UVBH’s focus on housing and vital services like employment assistance, mental health support, and rehabilitation programs. I am proud to contribute to such an important cause.
Best books, podcasts, or apps for aspiring leaders:
How to Win Friends and Influence People, The 7 Habits of Highly Effective People, Extreme Ownership.
Tags:
Spotlight Content
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
.png)
.jpg)
Columns and Thought Leadership
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
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
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
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
.gif)