Archives for December 2022
The Corporate Transparency Act Has Finally Arrived
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 PostAn In-depth Q&A with Michael A. Rosenberg
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 PostThe Truth About Trusts
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 PostBrooklyn nursing home tops mid-market investment sales
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 PostMcDonald’s Returns to Times Square With a $40 Million, 20-Year Lease
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 PostBrooklyn Industrial Real Estate Market Stays Strong: 2nd Quarter Report
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 PostCase Studies for International Clients: Success Story #3
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 PostCase Studies for International Clients: Success Story #2
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 PostCase Studies for Trusts and Estates International Clients: Success Story #1
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...
Read Full PostJudge voids Albany’s good cause eviction law; tenants abandon city-by-city push
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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