Moore Stephens North America (MSNA) reveals the election of Lou Grassi as board chair of MSNA. Grassi is the chief executive officer and managing partner of New York City-based Grassi & Co, an independent member firm associated with Moore Stephens. He previously served as vice chair.
In his role as MSNA board chair, Grassi will be responsible for helping drive the strategic direction of the North American region of Moore Stephens and will participate in the activities of the Moore Stephens International Policy Committee, which sets worldwide strategies and policies.
"Companies of all sizes are realizing the benefits of expanding across borders and accounting firms need to be able to address their needs on a local and global perspective," Grassi said. "I look forward to the opportunity to develop the tools and resources Moore Stephens member firms need to help their clients achieve success."
"We are very pleased to leverage Lou's long affiliation with our organization, "said Steven Sacks, MSNA's executive director.
"His familiarity with many firm partners both domestically and internationally will be valuable as we continue to identify business opportunities and implement organization initiatives."
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but