Why is the Charitable Act Essential for New York’s Non-Profits?
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Why The Charitable Act Is Essential For New York’s Non-Profits By Nicole L. Weingartner, Director of State Government Affairs | Government Relations Law Practice New Yorker’s are known for giving back. There’s a bill in Washington that – if passed – will help us help others like never before. “The Charitable Act” (S566/HR3435) gives taxpayers […]
CLIENT ALERT: New York City Mayor and Speaker Announce $112.4 Billion Budget Deal
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CLIENT ALERT × Dismiss this alert. New York City Mayor & Speaker Announce $112.4 Billion Budget Deal June 28, 2024 (City Hall, Manhattan) – Today’s ceremonial handshake between New York City Mayor Eric Adams and City Council Speaker Adrienne Adams signaled the safe landing of Adams and Adams United, despite prior turbulence. Prop airplane in […]
Client Alert: Employment Law Update
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CLIENT ALERT × Dismiss this alert. Employment Law Update By Ben Noren, Senior Counsel | Employment Law Practice There are a few new employment related updates that we wanted to share. 1. No later than July 1, 2024, all NYC Employers must both post and provide a copy of this poster to every worker: https://www.nyc.gov/assets/dca/downloads/pdf/workers/KnowYourRightsAtWorkPoster.pdf […]
Clearing the Cloud: 3 Crucial Steps for Dispensary Entrepreneurs to Master NY’s Adult-Use Cannabis Regulations
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Clearing the Cloud: 3 Crucial Steps for Dispensary Entrepreneurs to Master New York’s Adult-Use Cannabis Regulations By Nicholas T. Terzulli, Senior Counsel | Cannabis Law Practice | Corporate Law Practice Key Takeaways: The initial application windows for New York’s general adult-use cannabis licenses closed on November 17, 2023, for applicants who could demonstrate location control (evidenced […]
How will the “City of Yes” Affect Zoning and Construction in NYC?
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How will the “City of Yes” Affect Zoning and Construction in NYC? By Howard S. Weiss, Partner & Eli Gewirtz, Associate LAND USE & ZONING LAW PRACTICE On April 11, 2024, the NYC Department of City Planning unveiled the details of the proposed City of Yes for Housing Opportunity (CYHO), which is the third part […]
IRS’s December Surprise: Shifting Sands in Estate Planning with Trust Tax Reimbursement Revisions
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IRS’s December Surprise: Shifting Sands in Estate Planning with Trust Tax Reimbursement Revisions By Stefan Dunkelgrun, Partner TRUSTS & ESTATES LAW PRACTICE On the last workday of the year, December 29, 2023, the IRS issued a Chief Counsel Memorandum adding a wrinkle to one of the most estate planning techniques – to give assets away […]
New Developments in Enforcement Actions Against Unlicensed Cannabis Stores: Three New York Cases Worth Re-examining
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New Developments in Enforcement Actions Against Unlicensed Cannabis Stores: Three New York Cases Worth Re-examining By William P. Walzer, Partner | Commercial Banking & Finance | Real Estate Law Practices This article summarizes three recent cases which illustrate different ways that authorities can proceed against unlicensed cannabis sellers. Over the past year or more, stores selling cannabis […]
If It’s Too Good To Be True…The Latest Guidelines From the IRS
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If It’s Too Good To Be True…The Latest Guidelines from the IRS By Stefan Dunkelgrun, Partner Trusts & Estates Law Practice When I first got into tax, I learned one simple rule to always follow: if you think of some clever way to avoid or reduce tax that hasn’t been done before, you haven’t found the reason […]
CLIENT ALERT: The Corporate Transparency Act – What You Need To Know
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CLIENT ALERT × Dismiss this alert. The Corporate Transparency Act – What You Need To Know How will a new federal anti-corruption law that took effect January 1, 2024 affect you? WHAT’S THE IMPACT? Creates new reporting obligations for a wide range of entities formed in the United States. Requires Reporting Companies to disclose information to […]
CLIENT ALERT: Housing At Risk Task Force 421-a Completion of Construction Deadline Assistance Program
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CLIENT ALERT × Dismiss this alert. Housing At Risk Task Force (HART) – 421-a Program Completion of Construction Deadline Assistance December 14, 2023 Jeffrey Citron, Howard Weiss, Louis J. Coletti LAW PRACTICE AREAS: REAL ESTATE | LAND USE & ZONING | CONSTRUCTION | GOVERNMENT RELATIONS On December 6, 2023, New York City Mayor, Eric Adams, […]