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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 plan,...

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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...

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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...

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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...

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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...

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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...

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Case Studies for Trusts and Estates International Clients: Success Story #1

July 11, 2022 | Estate Planning

Case Study 1: Deniz and Isra are married and have a son, Emre. Deniz and Isra are Turkish Citizens and residents and are searching for an apartment for Emre in New York City. All...

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Judge voids Albany’s good cause eviction law; tenants abandon city-by-city push

July 8, 2022 | Landlord-Tenant

Housing Justice for All will concentrate on passing a statewide measure By Suzannah Cavanaugh | Research By Kathryn Brenzel  at The RealDeal Less than a year after Albany made history as the first New York municipality to pass good cause...

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Lower-end listings dominate Manhattan’s luxury deals

June 13, 2022 | Real Estate

Penthouse at 100 11th Ave asking $23M tops the list, but most contracts last week were for homes under $5M By Sasha Jones at TheRealDeal Luxury homes kept finding buyers in Manhattan last week,...

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Is Airbnb playing a role in NYC’s skyrocketing rents?

June 13, 2022 | Commercial Real Estate

A new report says there are more short-term rentals available in the city than standard ones Written By: The Real Deal   Looking to rent an apartment in New York City? Maybe you should...

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Chaves Perlowitz Luftig LLP