R&E Member Alexander Lycoyannis was invited by Trever Gallina, VP at Marcus & Millichap, to speak on a webinar addressing the "New" New York Plan proposed by Governor Hochul and Mayor Adams. While explaining the potential impact on New York’s commercial real...
Rosenberg & Estis, P.C. has successfully defeated two separate applications by a commercial tenant to prevent its eviction from a Long Island City industrial space after it violated the terms of its lease. On March 15 and 20, 2023, Rosenberg & Estis Member...
Silicon Valley Bank’s Parent Files Bankruptcy On March 10, 2023 it was announced that Silicon Valley Bank ("SVB") effectively "collapsed" in the largest bank failure since the 2007–2008 financial crisis. Regulators seized and transferred SVB into a receivership under...
Daniel M. Bernstein, Member and Head of R&E's Tax Incentives & Affordable Housing Department, and Zachary J. Rothken, Member and Head of R&E's Administrative Law Department presented their 421-a Webinar titled "Affordability, Rent Stabilization,...
Pursuant to a recent amendment of the Private Housing Finance Law (PHFL) previously discussed in our January 23, 2023 client alert, owners of affordable housing properties are now permitted under certain circumstances to collect rents above the Legal Regulated Rent so...
Rosenberg & Estis, P.C. has secured an important victory in the Court of Appeals, which unanimously held that the Appellate Division, First Department, incorrectly ruled that property owner William Koeppel fraudulently increased rents on 72 apartments at 350 East...
Rosenberg & Estis, P.C. hosted nearly 200 attendees both online and in-person for its "Housing New York – Law Changes In Gov. Hochul’s Budget Proposals" webinar, which provided a timely analysis of the pending housing incentives and law changes proposed by...
Rosenberg & Estis, P.C. proudly continued its support of Brooklyn Law School at this year’s Annual Alumni Dinner. Here is a shot of R&E Member Deborah E. Riegel during her remarks at the event. Deborah was inducted as President of the BLS Alumni Association in...
Adam Lindenbaum was interviewed by Louis Finley for a special NY1 segment addressing the passage of Local Law 18, which requires short-term NYC renters using booking service platforms such as Airbnb, VRBO, Booking.com to register with the city. "This is that rare...
Silicon Valley Bank Shut Down in the Second Largest Bank Failure On March 10, 2023 it was announced that Silicon Valley Bank ("SVB") effectively "collapsed." On that day, agents from the Federal Reserve and the Federal Deposit Insurance Corporation ("FDIC") assessed...