News: Spotlight Content

2025 Ones to Watch - Rising Stars: Israel Mermelstein, Arrow Real Estate Advisors

Israel Mermelstein
Director
Arrow Real Estate Advisors

 

“Israel has quickly distinguished himself through his strong work ethic and commitment to client success. His ability to take initiative and navigate complex transactions with professionalism makes him a true rising star.” - Morris Betesh, Founder and Managing Director, Arrow Real Estate Advisors.

What recent professional milestone or project are you most proud of, and why? I’m proud to have surpassed $1 billion in closed real estate transactions that I personally originated. It’s especially meaningful to me because I entered the industry without prior experience and was initially turned away because of it. But I stayed determined — and it’s a good reminder to myself that nothing is impossible when you set your mind to it.

Who has been pivotal in your professional development, and how have they influenced you? I’d have to say — Morris Betesh. What I learned from him is that success doesn’t have to be complicated: know your product, stay focused on your target, be upfront about what you can and can’t deliver, and put in the extra hour. It’s all basic principles — but when you apply them consistently and the right way, they set you apart. He’s a clear example of that.

What is your top advice for someone just starting out in your field? You have to genuinely be interested in real estate — and if you are, stay curious. The best sales pitch is simply knowing what you’re talking about. Learn at least one thing every day; the compounding effect will take you farther than you can imagine. This business also requires patience. A lot of people give up too soon, thinking it’s not working for them—instead of realizing that it’s just part of the process for everyone.

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”.