News:
Spotlight Content
Posted: April 22, 2025
2025 Ones To Watch - Industry Leaders: Thomas Consiglio, Resource Realty of Northern New Jersey
Principal / Founder
Resource Realty of Northern New Jersey
“Tom’s client-first, relationship-focused approach at Resource Realty of Northern NJ translates directly to the firm’s family-first culture and mentorship. By prioritizing team support and genuine care internally, we naturally extend that same level of dedication and personalized service to our clients and building strong, lasting relationships.” - Scott Peck, Principal, Resource Realty of Northern New Jersey.
Recent goal and impact:
We’ve hit the 35-year anniversary mark, which is no small feat in this business. In 1990, I wanted to create a firm focused on long-term partnerships and institutional-grade market expertise. In short, I didn’t want to build a firm just known for brokering deals. I envisioned something more meaningful beyond transactions. Today, we’re a premier CRE advisory firm across NJ, NY and PA – a milestone fed by the building of lasting relationships, which remains at the core of who we are.
Turning problems into opportunities:
Instead of being ‘landlocked’ by a single geographic focus, we cast a wider net into Rockland/Orange counties when the region was still mostly farmland. We saw opportunity 20 years ago, but we knew development interest would take time and patience before it took root. Transactions on behalf of Amscan and 2+MSF in leases/sales followed, establishing us as the ‘broker of choice’ in Southern NY State, now home to an influx of new industrial/warehouse/flex-space developments.
Best advice for new leaders: Communication is essential because people will only do business with those they like and trust.
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
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
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
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)