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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 eviction, a state judge wiped it off the books. Although the ruling involved only the city of Albany’s legislation, it effectively […]

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 are non-resident aliens with Emre on an f1 student visa, who is considering staying in the United States post-graduation. The parents

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 to purchase real estate in new york for his own use and potentially the use of other family members, with the

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 has health issues and is of relatively advanced age. While considering a “foreign blocker” entity, most popular jurisdictions located in “fiscal

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 International, a commercial real estate firm with offices in 68 countries. The report found that the market demonstrated healthy market fundamentals

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 Terminal, sources told Commercial Observer. The square footage of the lease was not fully clear, but a source said McDonald’s is

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 valued between $10 million and $40 million hit city records last week, half of which were apartment buildings with fewer than

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, it’s important to consider some important details about trusts. To help you do just that, we’re bringing you the facts and

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 and best move. As we adjust to an ever-changing economy and its impact on the commercial real estate industry, it is

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 penalties for non-reporting? Read on to find out more. Background First, how did we get here? The CTA was conceived and