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Real Estate: New York/Questions

SubjectDate AskedExpert
EST OPS1/26/2012Mark Shemel
  Q: I am looking to lease a commercial office space. I was looking through listings attempting to ...
  A: I'm sorry for the delayed response, I just got out of a double hernia surgery and have been in my ...
Janitors Union Vs. Board of Directors1/16/2012Mark Shemel
  Q: Our handyman was promoted to 2nd in command superintendent and was offered a co-op on the premises. ...
  A: As this is a coop, I think the decision about whether to compensate him for not living at the ...
tribeca loft space12/24/2011Mark Shemel
  Q: Any estimates would be welcome. Thanks
  A: I don't have much information about the building from what you tell me. If I knew the address, I ...
Utility Easement12/15/2011Mark Shemel
  Q: I live in a 6 story walk up and we have a Verizon panel in our basement making us the hub for our ...
  A: If your building is a condo or coop and you are the owners of it, you would be within your rights to ...
tenant foreclosure ?11/8/2011Mark Shemel
  Q: I have recently received a foreclosure notice and summons from the sheriff stating the apartment I ...
  A: If you have not been contacted by a bank, receiver, or any other individual, it is likely that ...
tenant foreclosure ?11/8/2011Mark Shemel
  Q: I have recently received a foreclosure notice and summons from the sheriff stating the apartment I ...
  A: I see situations like this all the time. Even if a landlord is in default, they are still in ...
COOP Conflict of Interest11/4/2011Mark Shemel
  Q: A handy-man in my co-op started has stated a private contracting business. He works for the co-op, ...
  A: Technically, there is a conflict of interests. However, that does not mean you can really do ...
apartments and organizations8/2/2011Mark Shemel
  Q: I was reading your last question on apartment challenges I was wondering what organizations are ...
  A: For the first part of the question, there are many organizations, but it depends on what your needs ...
Apartment challenges7/20/2011Mark Shemel
  Q: This situation happened to my brother before similarly.Basement apartment as you may know are common ...
  A: Jose, First, you want to see if your apartment is in fact illegal. The following are things that ...
problems with apartment7/16/2011Mark Shemel
  Q: Our building has gone into foreclosure and it has been taken over by the Receiver who in turn has a ...
  A: Although I have answered this before, I will tell you some things. It is important to remember that ...
Property Encroachment5/31/2011Mark Shemel
  Q: My house in Brooklyn has a cinder block wall on the property line in my back yard. My neighbors yard ...
  A: Your neighbor is 100% responsible for fixing this problem. Being at a higher elevation, it was his ...
Renting v. owning2/26/2011Reza Ardebili
  Q: this is more a question about nj than ny, but i am hoping that you that you can help nevertheless. ...
  A: Sorry i haven't gotten back to you as quick as i should have. I have been very busy. I am always ...
Buying hoouse with section 8 tenants2/2/2011Mark Shemel
  Q: What are the pros and con of this. I will appreciate your answer
  A: I have had a lot of experience with section 8 tenants as an owner myself of properties where section ...
being asked to leave1/31/2011Mark Shemel
  Q: My relatives dont have a written lease in a place they have lived in for 15 years and my brother is ...
  A: I'm sorry for the delayed answer, I have been out of work sick this week and am only just getting ...
breaking lease during foreclosure proceedings part II.1/21/2011Mark Shemel
  Q: I contacted you after reading your correspondence with a tenant whose problem was somewhat similar ...
  A: Sorry for my delayed response. I have been quite busy these past few days. Well it certainly seems ...
Buying a sponsor condo unit1/13/2011Mark Shemel
  Q: I read your response, and would like to follow up regarding the Tempo 300 condo in Manhattan. Do ...
  A: The Tempo has been a rough ride, they are about 1.5 years behind schedule. The sales reps at the ...
heat and hot water problems1/11/2011Mark Shemel
  Q: Our building is now in recievership and the bank is now in custody of the building we are great ...
  A: Nothing has to be in the lease, though sometimes there are protection clauses. If you signed a new ...
heat and hot water problems1/8/2011Mark Shemel
  Q: Our building is now in recievership and the bank is now in custody of the building we are great ...
  A: I should be able to help you. I will need the following information to better assist you. Where is ...
risks in new condo purchase12/10/2010Mark Shemel
  Q: Please comment on the various risks in purchasing a NYC condo apartment in a new, vacant building ...
  A: Mike, It would be a lot more helpful if I had the address. We keep a database of properties here, ...
lease lengths in NYC for retail space11/28/2010Mark Shemel
  Q: I am looking to open a bar/restaurant in Manhattan/Brooklyn area. My questions are these: How long ...
  A: First of all, I will say that I don't think using a web site as a source for NYC leasing issues will ...
landlord/tenant new jersey11/26/2010Mark Shemel
  Q: I rented an apartment in a two family home and signed a one year lease. My landlord does not live ...
  A: Ok, lets first assume that your first issue is either resolved or in the process of being resolved. ...
landlord/tenant new jersey11/26/2010Mark Shemel
  Q: I rented an apartment in a two family home and signed a one year lease. My landlord does not live ...
  A: Bernadette, While your smoking may violate the warrant of habitability for the upstairs tenants, ...
noisy coop11/17/2010Mark Shemel
  Q: I am the owner of a studio on the first floor, where I have lived for 20 years. The coop was built ...
  A: Martha, In my experience with coops, there is very little that 311 can do for you if the noise is ...
noisy coop11/17/2010Mark Shemel
  Q: I am the owner of a studio on the first floor, where I have lived for 20 years. The coop was built ...
  A: You certainly should not be treated in such a way. First of all, a horn like noise coming out of ...
Lease Termination by Tenant due to Foreclosure11/4/2010Mark Shemel
  Q: I read your Q&A Session with Patrick, and my situation is very similar. I live in Prospect Heights ...
  A: I'm sorry I didn't see the follow up here. Well, I do agree that you should speak to a lawyer about ...
Lease Termination by Tenant due to Foreclosure11/3/2010Mark Shemel
  Q: I read your Q&A Session with Patrick, and my situation is very similar. I live in Prospect Heights ...
  A: You seem to have yourself a difficult situation. That clause you quoted me, I'm not entirely ...
Breaking lease due to unfinished construction in apt. & noise: wondering on warranty of habitability10/7/2010Laurie Stephenson
  Q: I am currently trying to break a lease for an apartment in a two family home. I have only lived in ...
  A: Wow! Sounds like you've been through the wringer! I would advise you to call your attorney and ask ...
housing9/2/2010Mark Shemel
  Q: what is the best way for someone to get the most affordable housing oppurtunities in NYc?Is tit word ...
  A: There are a number of projects that have 80/20 set ups that are not in projects or inner city ...
housing8/31/2010Mark Shemel
  Q: what is the best way for someone to get the most affordable housing oppurtunities in NYc?Is tit word ...
  A: Nestor, It looks like you are looking for a rent to own scenario, but I cannot determine whether ...
pre-war buildings7/19/2010Mark Shemel
  Q: Are most or all pre-war buildings on the Upper East Side located on Park and Fifth Avenues? Thanks
  A: There are many well known prewar buildings on Park and Fifth Avenue, but I wouldn't say that most of ...
1/2 bath does not have a c o.7/8/2010Reza Ardebili
  Q: My name is Lily and I am a first time home buyer. I recently found a home on Long Island that I ...
  A: You should really ask this question from an architect, but i try to answer you as best as i can. The ...
Foreclosure in Brooklyn7/6/2010Mark Shemel
  Q: I signed a lease for an apartment in Crown Heights in May with an person who runs two separate LLCs, ...
  A: A lawyer is always good. A law grad can take care of this for you at a reasonable price. I will ...
Foreclosure in Brooklyn7/5/2010Mark Shemel
  Q: I signed a lease for an apartment in Crown Heights in May with an person who runs two separate LLCs, ...
  A: It sounds like you are having a difficult time with this apartment. As I said before, because this ...
Foreclosure in Brooklyn7/4/2010Mark Shemel
  Q: I signed a lease for an apartment in Crown Heights in May with an person who runs two separate LLCs, ...
  A: Well lets start with the LLC issue you are concerned about. It does not matter which LLC you signed ...
Foreclosure6/10/2010Mark Shemel
  Q: I live in the Bronx and yesterday I found paperwork on my doorstep notifying me that my apartment ...
  A: Crystal, The answer to this depends on whether or not the owner is still the owner. In other ...
questions about renting5/27/2010Mark Shemel
  Q: Are renters ever allowed to make any changes to their apartment beyond paint color if they pay for ...
  A: Danielle, This is really a case by case basis. You need to check with your landlord. Some ...
air conditioning4/22/2010Mark Shemel
  Q: I have a question about air conditioner units in apartments. If there is a window unit currently ...
  A: I'm sorry I didn't get back to you sooner. Air condition systems are always tricky. Older ...
Assessment on Condo unit2/16/2010Mark Shemel
  Q: I wanted to ask you a favor. I received a letter from the management company saying that the Board ...
  A: Cristiano, Generally, condominium assessments must be paid by the unit owners. Some owners will ...
New York apartment buildings2/14/2010Mark Shemel
  Q: I'm not sure if you can answer this or not, but I have a question about the sound in New York ...
  A: Danielle, This is actually an interesting question, and something that I take great interest is ...
Breaking lease due to noise--does warranty of habitablity cover this?2/8/2010Mark Shemel
  Q: I am currently trying to break my lease in an apartment building. The lease runs through September, ...
  A: Shauna, The Warrant of Habitability does indeed cover this. However, the extent to which is ...

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Real Estate: New York

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Mark Shemel

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Expertise

I believe I can answer questions in the following sub categories with respect to New York City: Residential Brokerage, Landlord Tenant disputes, Any type of lease questions, any definition pertaining to residential real estate, any questions about property management, most questions about development, construction codes, and housing laws, questions about Section 8, HPD and government sponsored housing. Also corporate and short term housing questions.

Experience

I am currently the President of Think Properties NYC, a residential brokerage firm in New York City. I am also President of National Property Management Group. We manage over 1000 Residential Units and 50 retail/commercial units, generally as tax payers or part of mixed use buildings. We handle project management, marketing, and rentals/sales of new construction properties as well.

Organizations
The Real Estate Board of New York (REBNY), Boutique Brokerage Firm Alliance (President)

Publications
New York Times, Real Estate Weekly, Wikipedia, Wiki-answers

Education/Credentials
Undergrad: Union College Degree: Bachelors Degree, Double Major Economics/French Graduate: New York University Degree: Masters of Science, Masters in Real Estate Development Licensed Real Estate Broker in State of New York

Awards and Honors
Undergrad: Phi Beta Kappa, National Honor Society, Magna Cum Laude

Past/Present Clients
Oakwood Worldwide, JP Morgan Chase (for Relocation), and several other firms.

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