David C. Wilkes Esq. Talleyrand Office Park 200 White Plains Road Tarrytown, New York 10591
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David C. Wilkes, Esq., CRE, FRICS is a US and international real estate advisor, concentrating in property taxation and local government finance, complex property valuation, eminent domain, and emerging market tax and mortgage finance, including Islamic Law-compliant mortgages. He is a designated "Counselor of Real Estate", and is also a Fellow of the Royal Institute of Chartered Surveyors, admitted through their Eminent Professionals program. He is a Partner in the law firm of Huff Wilkes, LLP. He has served as a Senior Real Estate Advisor working in emerging markets on behalf of the US government, including the Middle East and Eastern Europe. He represents many of the world's largest institutional real estate owners, and lectures and publishes internationally on property tax, local government finance, and valuation.
David is an elected Member of the Board of Trustees of The Appraisal Foundation, based in Washington, DC. The Appraisal Foundation is authorized and funded by Congress as the source of national appraisal standards and appraiser qualifications, including the establishment of the Uniform Standards of Professional Appraisal Practice (USPAP). He is also a Member of the Board of Directors of the Counselors of Real Estate’s New York Chapter.
David served for six years as Editor-in-Chief of Real Estate Review (2001 – 2007), an academic quarterly published by New York University's Real Estate Institute, and is currently Editor-in-Chief of the New York State Bar Journal (2004 - ), a monthly lawyers' magazine with 80,000 readers. He is a founding and active member of the Corporate Advisory Council of the International Property Tax Institute (IPTI) and is IPTI's Designated Representative to the New York City Tax Commission’s Advisory Board; he is also Vice Chair of the American Bar Association's Property Tax Committee; Co-Chair of the Westchester County Bar's Tax Certiorari & Condemnation Committee; and Chair of the Tax Administration and Revaluation Committee of the Westchester Commission on Tax Reform. He is a member of the International Association of Assessing Officers' Legal Committee. He is chapter author for several books on taxation and eminent domain, and author of numerous articles and papers on law and tax for professional publications.
Mr. Wilkes is the recipient of the International Association of Assessing Officers' Distinguished Real Estate Research and Development Award for his analysis of REITs valuation issues, and the Counselors of Real Estate’s Ballard Award for Best Article of 2005.
Mr. Wilkes received his master's degree in real estate valuation from New York University's Real Estate Institute, where he was awarded the Norman Weinberg Prize for Excellence, graduating first in his class. He received his law degree from the Boston University School of Law, and his undergraduate degree in English Literature from the City University of New York, where he graduated first in his class.
- Partner
- Property Taxation
- Local Government Finance
- Complex Property Valuation
- Eminent Domain
- Emerging Market Tax
- Mortgage Finance
- Techniques for surviving hostile regions and conflict environments, AKE Group Integrated Risk Solutions (Washington, DC)
- New York
- Colorado
- Texas
- U.S. District Court Northern District of New York
- U.S. District Court Southern District of New York
- U.S. District Court Eastern District of New York
- U.S. District Court Western District of New York
- U.S. Supreme Court
- Boston University School of Law, Boston, Massachusetts
- New York University’s Real Estate Institute
Honors: Norman Weinberg Prize for Excellence Major: Real Estate Valuation
- City University of New York
Honors: Graduated First in his Class Major: English Literature
- Think Global, Act Local, Business Magazine of the Royal Institute of Chartered Surveyors, Fall, 2006
- Government, Law & Policy Journal, Eminent Domain Special Issue (Guest Editor), New York State Bar Assoc., November, 2006
- This Land is Your Land? The Public Use Doctrine in Eminent Domain, New York State Bar Journal, Vol. 77, No. 8, October, 2005
- Detecting Intangible Asset Value (or Capitalized Economic Profit) in Sales to REITs: A Practical Framework for Analysis, "Real Estate Issues", Counselors of Real Estate, Vol. 29, No. 4, Winter, 2005
- Detecting, Measuring, and Separating Intangible Asset Value, Property Taxation, Institute for Professionals in Taxation, 3d Ed., 2004
- Awarding Compensation for Going Concern Value in Eminent Domain Proceedings, Condemnation Law & Procedures, Condemnation Law & Procedures (Co-Author), New York State Bar Association, 2005
- Freddie Mac Revelations: the Good, the Bad, and the Indifferent, Real Estate Review (Editor's Corner), Vol. 32, No. 4
- Diagnosing the Conditions for Property Rights in Developing Nations, Real Estate Review (Editor's Corner), Vol. 32, No. 2, Summer, 2002
- Changing Dynamics in Argentina's Commercial Real Estate Market, Real Estate Review (Editor's Corner), Vol. 31, No. 4, Winter, 2002
- Real Estate Tax Issues for Senior Care Facilities, Elder Law Attorney, Vol. 12, No. 2, Spring, 2002
- Enhanced Notice Requirements in Property Tax Foreclosure Cases Give Owners More Protection, New York State Bar Journal, Vol. 74, No. 3, March/April, 2002
- Global Real Estate Opportunities and the "Index of Optimism", Real Estate Review (Editor's Corner), Vol. 31, No. 2, Summer, 2001
- Reducing Tax Assessments in Strong Real Estate Market, New York Real Estate Journal, October, 2000
- School Tax Relief Necessary, But Unfairly Applied, Poughkeepsie Journal, March 16, 1998
- Lawyers Urged Not to Serve on Client Boards, Litigation News, Nov., 1997
- Negative Job References May Now Expose Employers to Title VII Liability, Litigation News, Sept., 1997
- Conflict Among Circuits Deepens in Law of 'Reasonable Accommodation', Litigation News, May, 1997
- Preparing the Economic Expert Witness for Trial, Litigation News, January, 1997
- Strengthening Egyptian Mortgage Contract Compliance & Consumer Protection, with Suggested Legislative Amendments, Technical Assistance Report for USAID, Cairo, Egypt, March, 2006
- Legal Support to Improve Mortgage Financing in Egypt: Analysis and Recommendations, Technical Assistance Concept Paper for USAID, Cairo, Egypt, December, 2005
- A Legal Analysis of Assessment Practices and Property Tax Equity in Bronxville, New York, Technical Advisory Report to Local Government, September, 2005
- Dealing With Valuation Perils in Amendments to the Property Tax Law, New York Law Journal, Feb., 1999
- Dealing With Valuation Perils in Amendments to the Property Tax Law, IAO Journal (Institute of Assessing Officers), July, 1999
- Who’s Running the Show? Implementing Centralized Management of Property Taxes for a Global Portfolio, “Real Estate Issues”, Counselors of Real Estate’s Quarterly Journal, Spring, 2007
- Egyptian Mortgage Finance: Avoiding Template Solutions in Addressing Lender Concerns
- Real Property Interests May be Significantly Affected by Sweeping Changes to Real Property Tax Law, New York State Bar Journal, September/October, 1997
- Editor-in-Chief, Real Estate Review, 2001
- Editor-in-Chief, New York State Bar Journal, 2004
- Lecturer, Understanding REIT Transactions and Their Relationship to Market Value, International Property Tax Institute’s 2d Annual Mass Appraisal Symposium, Toronto, ON,
May 8, 2007
- Lecturer, Management of Property Taxes in a Global Environment, International Property Tax Institute and New York University’s Real Estate Institute, New York City,
May 3, 2007
- Luncheon Speaker, Bottom-up or Top-Down? Solving the Global Property Tax Management Dilemma, Institute for Professionals in Taxation, Pittsburgh, PA,
March 22, 2007
- Lecturer, Understanding REIT Transactions and Their Relationship to Market Value, Property Tax Symposium, Institute for Professionals in Taxation (IPT), Colorado Springs, CO,
November 7, 2006
- Paper Presentation: Management of Property Taxes in a Global Environment, Annual Conference of the UK’s Institute of Revenues Rating & Valuation (IRRV), England,
October 12, 2006
- Improving the Relationship Between Emerging Market Land Reforms and Foreign Direct Investment, Royal Institute of Chartered Surveyors, Business Magazine,
2006
- Co-Presenter, Eminent Domain Reform with New York State Assemblyman Adam Bradley, Televised Presentation, Yorktown, New York,
August 22, 2006
- Strengthening Egyptian Mortgage Contract Compliance & Consumer Protection with Suggested Legislative Amendments, Technical Assistance Report for USAID, Cairo, Egypt,
March 30, 2006
- Invited Lecturer, Eminent Domain, Lorman Education, White Plains, New York,
June 30, 2006
- Legal Support to Improve Mortgage Financing in Egypt: Analysis and Recommendations, Technical Assistance Concept Paper for USAID, Cairo, Egypt,
December 15, 2005
- Lecturer, Rushmore vs. Lenhoff - The Key Issues in the Hotel Tax Valuation Debate, International Association of Assessing Officers, Chicago,
December 9, 2005
- A Legal Analysis of Assessment Practices and Property Tax Equity in Bronxville, Technical Advisory Report to Local Government, New York,
September 12, 2005
- Seminar Panelist, The Decision to Go to Trial in a Property Tax Case, 25th Annual Legal Seminar: International Association of Assessing Officers, New Orleans,
April 28, 2005
- Reform of the Property Tax in Serbia, Discussion Report and Analysis, Technical Assistance for USAID, Belgrade, Serbia,
December 21, 2003
- Moderator, Ethical & Unauthorized Practice of Law Issues, 24th Annual Legal Seminar: International Association of Assessing Officers (IAAO), Chicago,
December 5, 2003
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December 6, 2003
- Lecturer, Real Estate Investment Trusts: Market Value and Intangible Value, 23rd Annual Legal Seminar: International Association of Assessing Officers (IAAO), San Antonio,
December 6, 2002
- A Post Mortem (For Some) of FFO: Examining the REIT Industry’s Most Popular Measuring Stick, and Wall Street’s Disaffection With It, New York University,
January 5, 2002
- Panelist, Measuring Land Value Using Land-Residual Analysis vs. Building Residual Analysis, New York University,
October 25, 2001
- Quantifying Portfolio Effects Value in Transactions Involving Real Estate Investment Trusts (REITs), National Property Tax Association (NPTA), 2001 Annual Meeting, Chicago,
October 16, 2001
- Testing the Concept of "Intangible Value" in Sales to Real Estate Investment Trusts (REITs), International Association of Assessing Officers (IAAO) 2001 Annual Conference, Miami Beach,
September 10, 2001
- Valuation of REIT-Owned Property in Tax Assessment Litigation, Research Paper Commissioned, New York University’s Real Estate Institute,
2000
- Fellow of the Royal Institute of Chartered Surveyors
- International Association of Assessing Officers’ Distinguished Real Estate Research and Development Award, Analysis of REITs Valuation Issues
- Counselors of Real Estate’s Ballard Award for Best Article,
2005
- Winner, Ballard Award for Best Article,
2005
- Counselors of Real Estate
- Designated Member (CRE)
- New York State Bar Association - the Journal
- Editor-in-Chief
- New York State Bar Association - Task Force on Eminent Domain
- Member
- American Bar Association
- Real Property Section: Condemnation and Property Tax Committees
- American Bar Association - Property Tax Committee
- Vice Chair
- International Association of Assessing Officers (IAAO) - Legal Committee
- Member
- International Property Tax Institute - Corporate Advisory Council
- Founding Member
- Arab Bankers Association of North America (ABANA)
- Member
- The Center for Global Real Estate Strategies
- Board Member
- The Center for Global Real Estate Strategies
- Central America Advisory Expert
- Westchester County Association
- Member
- Lincoln Institute of Land Policy
- The Appraisal Foundation
- Member, Board of Trustees
- Counselors of Real Estate’s New York Chapter
- Member, Board of Directors
- Corporate Advisory Council of the International Property Tax Institute (IPTI)
- Founding and Active Member
- New York City Tax Commission’s Advisory Board
- American Bar Association’s Property Tax Committee
- Vice Chair
- Westchester County Bar’s Tax Certiorari & Condemnation Committee
- Co-Chair
- Westchester Commission on Tax Reform
- Chair, Tax Administration and Revaluation Committee
- International Association of Assessing Officers’ Legal Committee
- Member
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