On December 28, 2021, the Appellate Division, First Department issued two decisions concerning temporary concessions and their effect on rent stabilized rents: Flynn, et al., v. Red Apple 670 Pacific St., LLC and Chernett, et al., v. Spruce 1209, LLC. R&E...
Rosenberg & Estis Blog
Good Cause Eviction on the New York State Legislative Calendar in Early 2022
As we turn the calendar to 2022, two issues currently dominating the attention of the New York real estate industry are the fate of the eviction moratorium (currently set to expire on January 15, 2022) and the possible statewide enactment of Good Cause Eviction (GCE)....
FAIRER Amnesty Program Extension
Dear Clients, The New York City Department of Finance has extended the FAIRER Amnesty Program until March 20, 2022. As previously advised, if you have unpaid ECB judgments that are eligible under the Program, you may be able to save up to 75% of the current fine...
Rosenberg & Estis, P.C. Names Two New Members, Promotes Two Attorneys To Of Counsel
Leading NYC real estate law firm positions for continued growth Rosenberg and Estis, P.C., a leading New York City real estate law firm, has announced a series of personnel changes to best meet the growing legal needs of its diverse client roster. The firm has named...
(Video) NYC Affordable Housing Webinar by Daniel M. Bernstein
On Tuesday, December 7, 2021, Daniel M. Bernstein, leader of Tax Incentives & Affordable Housing Department, presented a webinar to share critical information from HPD that may allow residential projects to vest for the 421-a property tax exemption. The deadline...
(Video) NYC Property Tax Webinar
Benjamin M. Williams, head of R&E’s property tax group, presented a NYC Property Tax Webinar that addressed topics including but not limited to: Property assessments and valuation in the age of COVID - What’s special about January 5th? New mayor, City Council,...
Appellate Panel Finds Brooklyn Court Wrongly Dismissed Landlord’s Petition Relating To A Newly Created Duplex Apartment
Rosenberg & Estis, P.C. has prevailed before the Appellate Term, Second Department of New York State Supreme Court, arguing that Housing Court wrongly dismissed a landlord’s non-payment petition. Jeffrey Turkel, a member of Rosenberg & Estis, argued the case,...
Second Circuit Court Guaranty Law Challenge – Rosenberg & Estis, P.C. Amicus Brief Arguments Embraced By Appeals Court Judge
Rosenberg & Estis, P.C. hailed a new decision by the Second U.S. Circuit Court of Appeals in Manhattan that ordered a district court judge to reconsider the constitutionality of a New York City law releasing commercial lease guarantors from rent obligations during...
City Planning Commission approves plan to rezone SoHo and NoHo
Dear Clients, On October 20, 2021, the City Planning Commission (CPC) unanimously approved a plan to rezone SoHo and NoHo. CPC anticipates the plan could create around 3,500 new homes, including 900 permanently affordable ones, by allowing housing in certain areas...
NYC Developer Alert: 421-a & MIH Proposed Rule Amendments; Transit Improvement Bonus
Dear Clients, NYC developers should be aware of recent proposed rule amendments and a NYC zoning amendment which may affect their residential projects: • 421-a(16) Rule Amendment: NYC’s Department of Housing Preservation & Development (HPD) has proposed amendments...