News: Spotlight Content

Medaglia of ACC: "The happiest people don't have the best of everything....they make the best of everything"

Name: Michele Medaglia Title: President & CEO Company Name: ACC Construction Corporation Years in Commercial Real Estate: 30 In the last 12 months, which project, transaction, honor or accomplishment are you most proud of and why? I am infinitely proud of our company celebrating its 30th Anniversary in 2014 - it's an accomplishment that is a true testament to our prime focus of always putting clients first, maintaining a collaborative environment both within our firm and with the clients and consultants with whom we work, and continuously going above and beyond to exceed expectations. At ACC, we value the relationships we have built, and prove on a daily basis that working with a team approach always yields success! What is your favorite quote? I have more than one favorite quote! Most if not all of them have to do with positive thinking and finding humor in pretty much every aspect of life. Some of my favorites are "The happiest people don't have the best of everything....they make the best of everything" "Throw me to the wolves and I will return leading the pack" and "Confidence has no competition." Who are three women- living or dead - that you would like to have drinks with and why? Three women I would love to have drinks with are Maya Angelou, Jacqueline Kennedy and Melissa McCarthy.
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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
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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
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