Blog

Local Law 97 is a plan for reducing emissions. Local Law 97 was included in the Climate Mobilization Act, passed by the City Council in April 2019 as part of the Mayor’s New York City...

Welcome news for owners of small rental building (five units or less): Gov. Kathy Hochul signed a new law making the path to converting small rental buildings to condominiums or co-ops much easier. One...

The Corporate Transparency Act (the “CTA”) is finally here. How does it affect your entity? Does it only affect domestic or foreign entities? What is required to be reported? What are the deadlines and...

As we navigate the final quarter of the year and prepare for 2023, two words come to mind: “What’s next?” Uncertainty can be uncomfortable, but it gives us an opportunity to plan our next...

From revocable living trusts to charitable remainder trusts to celebrity trusts gone wrong, trusts are one of the most misunderstood estate planning tools. In the right hands, however, trusts can be one of the most powerful tools. Ahead of creating an estate...

By Pat Ralph at The Real Deal With rents rising and a slowdown in new apartment construction on the horizon, mid-market investors continue to target multifamily assets in New York City. Eight transactions involving commercial properties...

By Max Gross at Commercial Observer  Broadway loves a big revival, and McDonald’s loves Broadway. The golden arches signed a 20-year, $40 million lease with Jeff Sutton’s Wharton Properties at 661 Eighth Avenue right across the street from the Port Authority Bus...

By Raanan Gerberer at Brooklyn Daily Eagle  The city’s outer-borough industrial real estate market, including Brooklyn, continued to show healthy improvement during the second quarter of 2022, according to a new report by Colliers...

CASE STUDY 3: Francois is an EU citizen residing in an EU country and is looking for a $3mm investment property to rent out in new york city for himself and his family. He...

CASE STUDY 2: Carlos is a non-resident alien, residing in Brazil. He currently maintains a portfolio brokerage account in New York in the name of a British Virgin Islands (“BVI”) company. He is looking...