News: Spotlight Content

2025 Ones To Watch - Industry Leaders:
Alex Lipsky, Lipsky Construction

Alex Lipsky
President 
Lipsky Construction

Recent goal and impact: 

When my brother and I took over the firm four years ago, repeat customers and referral based clients only made up 10% of our annual revenue. Under the leadership of the 3rd-generation of Lipsky Construction, we are proud to announce in 2024 100% of our work came from repeat clients and referral based projects! We have the unique opportunity today to choose who we want to work with and align ourselves with projects that fit Lipsky Construction’s core values. This is only the beginning!

Sharing knowledge and expertise:

Stop what you are doing and connect with me on LinkedIn!! Sharing knowledge elevates the entire industry! Today, I actively contribute by speaking at industry organizations like AIA Long Island, AGCNY, the STA NY, the Nonprofit Resource Hub, and HIA-LI. I serve on multiple boards as their construction expert, including HIA-LI, LIBI and the Boy Scouts, offering insights as an expert in capital projects. Our firm also publishes a weekly blog and LinkedIn articles, ensuring our clients stay informed on best practices. By educating others, we empower future leaders.

Best advice for new leaders: 

Celebrate all the team wins, regardless of size, and make sure your employees feel valued!!

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
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”.
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