On April 20, 2024 as part of the Budget Legislation, NYS Governor Hochul signed into law major new and amended housing laws which will reshape residential development and ownership in New York City and New York State. Rosenberg & Estis, P.C. has been closely...
Rosenberg & Estis
Brooklyn Law School Real Estate Society Alumni Dinner
Rosenberg & Estis, P.C. Brooklyn Law School Alumni were happy to attend the BLS Real Estate Society Alumni Dinner. Pictured here (from l to r): Deborah E. Riegel, Cori A. Rosen, Alex M. Estis and Layla C. Noriega
NYC Metropolitan Area Sees 10% Increase in 2024 Area Median Income: Implications for Affordable Housing Regulations
The U.S. Department of Housing and Urban Development has just issued the 2024 Area Median Income numbers for the NYC Metropolitan Area (“AMI”) which show an approximate 10% increase over 2023 AMI numbers. AMI numbers are typically used by regulatory agencies to...
Green Fast Track for City Housing
On March 20, 2024, the City Planning Commission formally adopted the Green Fast Track for Housing rule changes to reduce the burden of environmental review on new housing developments by shortening approval times and reducing costs for new housing projects. The plan...
Brooklyn Law School Alumni Dinner, Deborah E. Riegel Honored
Brooklyn Law School hosted its annual Alumni Dinner at Cipriani 25 Broadway. It was a great evening with 300 alumni, friends, faculty, and staff enjoying a celebratory night of mingling, renewing bonds, and honoring two distinguished alumni for their accomplishments....
The Torch Foundation’s 34th Annual Monte Carlo Night
Rosenberg & Estis, P.C. was proud to attend and sponsor The Torch Foundation’s 34th Annual Monte Carlo Night at Chelsea Piers. Congratulations to the 2024 Honorees: Michael Aisner, Kevin Hoey, and Avi Itzkowitz. R&E was the DJ & AV Sponsor for the event....
Governor Signs Rent Stabilization Chapter Amendment
Governor Signs Rent Stabilization Chapter Amendment As we previously advised, on December 22, 2023, Governor Hochul signed S2980C, related to a series of housing issues, and subject to a negotiated chapter amendment to be passed by the Legislature during the...
M-CORE UPDATE: Second Round of Applications Due April 15, 2024 for New Financial Incentive For NYC Commercial Office Improvements
The NYC Economic Development Corporation (EDC) has announced the opening of the second submission round for the NYCIDA Manhattan Commercial Revitalization Program or “M-CORE” which offers substantial financial incentives for improvements to commercial office...
Spencer Romoff Moderates Bisnow’s New York Construction & Development Conference
R&E Member Spencer Romoff moderated the “Alternative Building Methods: Green Construction & Creative Design Methods” panel at Bisnow’s New York Construction & Development Conference. The panel discussion focused on sustainable development strategies in...
Webinar: Metropolitan Black Bar Association (Real Estate Law Section)
R&E Associate and Co-Chair of the Real Estate Law Section for the Metropolitan Black Bar Association, Shakiva Pierre, moderated a discussion on closing the racial wealth gap. This event was webinar-style discussion on the racial wealth gap with regard to the power...