Dear Clients, We are writing to let you know that DHCR has issued a new Good Cause Eviction Law (“GCE”) Notice (the “Updated Notice”). The Updated Notice, which is dated “as of February 19, 2025”, includes a list of municipalities in New York State that have opted...
Please join Rosenberg & Estis PC’s NYC Development Group for a webinar on the NEW Midtown South Mixed-Use Plan (MSMX), currently in public review. MSMX will allow for significant residential development opportunities and trigger permanent Mandatory Inclusionary...
The Corporate Transparency Act (CTA) is now active again, with a filing deadline set for March 21, 2025. The District Court in Smith v. U.S. Department of the Treasury lifted the last nationwide injunction that had paused the enforcement of the Corporate Transparency...
Early on in 2018, one of the major new items included in the Tax Cuts and Jobs Act of 2017 was The Opportunity Zones Program. After the initial pomp and circumstance died down, the Opportunity Zones program became a success for low-income urban and rural communities...
The U.S. Financial Crimes Enforcement Network (FinCEN) has issued a statement clarifying that, due to a separate nationwide order from an unrelated litigation challenging the Corporate Transparency Act (CTA) remaining in effect, reporting companies are not currently...
Earlier today, January 23, 2025, the United States Supreme Court stayed the nationwide preliminary injunction that had blocked enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. As a result, the...
The NYC Department of Finance (DOF) released the tax year 2025/26 tentative assessment roll on January 15, 2025. Citywide market value reached $1.579 trillion (up 5.7% over last year), the first time total value has exceeded $1.5 trillion. Taxable billable assessed...
On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit vacated its previous order, issued only a few days earlier on December 23, 2024, that reinstated the enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information...
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit issued an order reinstating the reporting obligations under the Corporate Transparency Act (CTA). This decision follows a nationwide preliminary injunction granted earlier this month by the U.S....
As discussed in depth in a recent article in the New York Law Journal Landlord Tenant Column, authored by Members Gary Rosenberg and Cori Rosen, effective January 1, 2025, under the Fair Chance for Housing Act (as defined in the aforementioned article), it will be an...