LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
David Lulgjuraj has been promoted from Asset Manager to Vice President of Management at Houlihan Parnes Properties. He joined the firm in 2015 and manages a portfolio of retail, multi-family, cooperative and condominiums in Westchester County and New York City.
In addition to negotiating the lease and sale of many commercial and residential properties, Lulgjuraj has secured financing for multiple properties as well as large-scale construction projects. He has implemented protocols that have improved efficiency in management and project managed large-scale construction projects including Local Law 11 work in New York City. He has frequently been recognized for outstanding achievements.
Lulgjuraj is also a licensed real estate salesperson and a member of the Hudson Gateway Association of Realtors. He currently serves on several cooperative and condominium boards in the tri-state area. He has a bachelor’s degree in economics from Fordham University.
Houlihan-Parnes Properties is a full-service real estate company providing property/asset management, construction management, sales and mortgage brokerage, back-office operations, and real estate consulting. The firm specializes in the management of co-ops/ condos, residential, retail, and mixed-use properties.
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