Picone of Exchange Solutions receives CES designation
Frances Picone of Exchange Solutions Inc. recently received Certified Exchange Specialist (CES) designation from the Federation of Exchange Accommodators (FEA) A CES designation demonstrates to clients, agents and professional advisors considering a like-kind exchange, that the professional they have chosen possesses a certain level of experience and knowledge that meets professional standards in dealing with complex tax deferred exchanges.
The FEA is the largest trade organization comprised primarily of professional tax deferred exchange accommodators that specialize in aiding property owners defer capital gain tax through an Internal Revenue Code Section 1031 (IRC §1031) exchange.
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”.
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
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
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