This three-part series briefly examines the nuances of seminal New York cases concerning licenses, leases, and even easements, to assist the New York practitioner in more effectively utilizing all three tools in his or her regular practice.
From time to time, a property owner tells us that they did not grieve their property taxes because they believe they could sell their property for more than the assessed value. After explaining the benefits and legal obligations under which the
In the course of evaluating a potential lending transaction, both institutional and private lenders review a variety of metrics relating to both the borrower and the underlying collateral. The strength of a potential transaction will largely depend
Coldwell Banker Commercial Island Corporate Services is pleased to present Long Island’s office and industrial market reports for the third quarter of 2019, compiled using CoStar Property statistics. Relatively low unemployment and
Over the past year, there has been much focus on the concept of Emerging Contaminants and how they impact the drinking water supply on Long Island. This new class is referred to as Per- and Polyfluoroalkyl Substances (PFOS/PFAS) and 1,4- Dioxane.
Oakdale, NY Carl Schiovone will be returning to the Long Island Board of Realtors (LIBOR) for his real estate investing classes These classes have been designed to assist the
Westbury, NY Lynx Mortgage Bank LLC was founded by a small group of mortgage and financial professionals in Long Island, seeking to offer their customers a simple “no surprises” approach to the mortgage process.
Hicksville, NY Mojo Stumer has completed its design work for 25-b Newbridge Rd. Part of the redevelopment and revitalization of downtown, this proposed
Huntington Station, NY Gary Pezza, licensed real estate sales person of NAI Long Island, represented the seller, 55 Craven Realty LLC, in the sale of a 10,000 s/f industrial building located at 55 Craven St.
The sale of real estate held for more than 12 months triggers capital gains taxes on the net profits of that sale. These taxes may be deferred by participating in a 1031 tax exchange, in essence, by purchasing property(s) to replace the one(s) being