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...
1. Introduction This blog post summarizes the New York City Tax Commission’s updates for the 2025 filing season. It includes revised filing deadlines, changes to income and expense reporting, modifications to various Tax Commission forms, and other relevant...
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...
Accomplished State and City housing and economic development specialist will add expertise to dedicated City of Yes development group NEW YORK, Jan. 22, 2025 –Rosenberg & Estis, P.C., currently celebrating its 50th year as one of New York City’s pre-eminent real...
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...
“As we welcome the new year, Rosenberg & Estis is ready to tackle the challenges ahead with strength and expertise. We are incredibly proud of our legal team and staff for their dedication and accomplishments, which ensure we continue delivering exceptional...
Court awards swift remedy to Upper East Side co-op in plenary action against terminated superintendent NEW YORK, Jan. 15, 2025 –Rosenberg & Estis, P.C., currently celebrating its 50th year as one of New York City’s pre-eminent real estate law firms, announced that...
Local Law 97 (LL97) sets strict carbon emissions limits for many New York City buildings. Each year, the Department of Buildings (DOB) publishes a preliminary list, called the Covered Buildings List (CBL), identifying properties that appear subject to LL97. If your...
Introduction Here are twelve subtle (but crucial) reasons New York City property owners lose out on tax reductions. Reason #1: Underestimating “Related Party” Disclosures When “Related” Means More Than Family Many owners think “related” only means blood relatives or...