“Adverse possession:” The principle of acquiring legal ownership to land that is owned by another. This is an extremely powerful tool that literally changes landscape of property in every state, city, and borough, ranging in all uses from industrial to residential;
In today’s real estate market, creativity is required for a deal to make sense for all parties involved. One example of this creativity is to ground lease a property instead of the conventional sale. Although ground leases are not a new concept, many people are not familiar
A U.S. company setting up its business in a foreign country potentially faces many challenges, including significant cultural differences, a lack of familiarity with the legal system and available tax benefits and, in general, learning what is required to
There’s really no better current example of the rippling unintended consequences that result when well-meaning legislators try to fix a societal problem without considering all the potential fallout than the recent radical revision of New York’s rent control laws. Although
Rye Brook, NY According to a report released from Houlihan Lawrence, the U.S. economy continues expanding more than 2% per year, while the global economy is further softening and trade disputes
In the Northeast there are many investors with substantial nationwide real estate portfolios. These investors are often buying and selling one or more significant assets. REITs are a good example of such an investor but there are many others. At times, the
As the June 15th deadline loomed, the real estate industry awoke June 12th to an early surprise—more anti-business regulations in New York. Tenant groups are declaring victory over the industry, though these laws will prove to be inherently anti-tenant. The
The Housing Stability and Tenant Protection Act of 2019 and Statewide Housing Security Protection Act of 2019 (collectively the TPA 2019) were signed into law by governor Cuomo on June 14th, and all landlords and tenants in New York will be affected by its
We’ve seen a lot of trends come and go within the office furniture industry over the years, and this past year, 2019 has been no exception! For some time now, one of the biggest new trends include lower panel heights. They’ve continued to shrink to
The November 21st, 2019 effective date of U.S. Citizenship and Immigration Services (USCIS) new EB-5 program modernization rule is approaching fast. The new rule will increase the minimum investment amount per investor to $900,000 for projects in a
