How will the “City of Yes” Affect Zoning and Construction in NYC?
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
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
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
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
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
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, […]
Title Defects Which Are Created or Suffered by the Buyer May Lead to Disclaimer
Title Defects Which Are Created or Suffered by the Buyer May Lead to Disclaimer By William P. Walzer, Partner Real Estate Law Practice | Commercial Banking & Finance Law Purchasers of real property in New York generally purchase a policy of owner’s title insurance at closing. One of the reasons lawyers recommend title insurance is that the issuer of […]
Can Civil Rights Law Stop MSGs Effort to Ban Adverse Counsel?
Is New York’s Civil Rights Law a Backstop to MSGs Efforts to Ban Adverse Counsel? By Joseph N. Polito | Commercial Litigation Over the past several months, Madison Square Garden Entertainment Corp. (“MSG”) has garnered significant attention – and derision – for its decision to ban all of the lawyers from any law firm that […]
CLIENT ALERT: NY Sparking the Adult-Use Cannabis Marketplace on 10/4/23 are You Ready?
CLIENT ALERT × Dismiss this alert. New York is Sparking the Adult-Use Cannabis Marketplace on 10/4/23; Are You Ready? On October 4, 2023, the Office of Cannabis Management (“OCM”) will begin accepting applications for licenses for every component of the Adult-Use Cannabis Market in New York, including retail, on-site consumption, processing, distribution, cultivation, microbusiness, nursery, […]
What are 6 Important Exceptions that Soften the Accounts Stated Doctrine?
What are 6 Important Exceptions that Soften the Accounts Stated Doctrine? By Alexander P. McBride, Senior Counsel Commercial Litigation Practice Failure to object to an invoice or statement in a timely manner could leave you or your company on the hook for that amount, even if it is not technically owed. A Brief Primer Might Be Helpful […]
