What is Local Law 97?

March 6, 2023 | Real Estate

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...

Read Full Post

New Law Eases Conversion of Rentals Into Co-ops and Condos

February 2, 2023 | Landlord-Tenant

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...

Read Full Post

The Corporate Transparency Act Has Finally Arrived

December 28, 2022 | Uncategorized

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...

Read Full Post

An In-depth Q&A with Michael A. Rosenberg

December 14, 2022 | Commercial Real Estate

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...

Read Full Post

The Truth About Trusts

November 22, 2022 | Estate Planning

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...

Read Full Post

Brooklyn nursing home tops mid-market investment sales

August 12, 2022 | Commercial Real 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...

Read Full Post

McDonald’s Returns to Times Square With a $40 Million, 20-Year Lease

August 11, 2022 | Commercial Real Estate

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...

Read Full Post

Brooklyn Industrial Real Estate Market Stays Strong: 2nd Quarter Report

August 9, 2022 | Real Estate

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...

Read Full Post

Case Studies for International Clients: Success Story #3

July 11, 2022 | Estate Planning

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...

Read Full Post

Case Studies for International Clients: Success Story #2

July 11, 2022 | Estate Planning

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...

Read Full Post
Chaves Perlowitz Luftig LLP