After seeing a recent boom in the development of supertall, luxury high rises along with an increased demand for modern condo units, the New York City condo industry was halted by the coronavirus. Eric S. Orenstein was a speaker on Commercial Observer's May 2020...
Rosenberg & Estis Blog
Rosenberg & Estis, P.C. Names Michael E. Lefkowitz Managing Member
Head of Transactional Department Will Lead Further Expansion of Firm ———- For Immediate Release PRESS CONTACT: Shea Communications, LLC George Shea, Mark Faris (212) 627-5766 Rosenberg & Estis, P.C., a leading New York City real estate law firm, has named Michael...
CLIENT ALERT: NYC Property Tax & Essential Construction Update | April 23, 2020
Dear Clients, We're writing to update you regarding key property tax, tax incentives and essential construction information for your properties and development projects. RPIE Deadline Extended: The NYC Department of Finance extended the Real Property Income &...
LOFT LAW ALERT: Filing date further extended
Dear Clients, Pursuant to the Governor's Executive Orders 202.8 and 202.14, the New York City Loft Board (the "Loft Board") has further extended the filing deadline for documents until May 7, 2020. A copy of the Loft Board's updated COVID-19 service notice is linked....
Paycheck Protection Program (PPP) Fact Sheet For Borrowers
On March 27 2020, Congress enacted the CARES Act, a key component of which is the Paycheck Protection Program ("PPP"). PPP authorized up to $349 billion in forgivable loans to small businesses to allow them to pay their employees during the COVID-19 crisis, as well as...
Rosenberg & Estis, P.C. Prevails At Court Of Appeals In Case Of Critical, Industrywide Importance
Court of Appeals Rules Part F of the Housing Stability and Tenant Protection Act of 2019 May Not be Applied Retroactively in Rent Overcharge Cases ———- For Immediate Release PRESS CONTACT: Shea Communications, LLC George Shea, Mark Faris (212) 627-5766 Rosenberg &...
COVID-19 Update: NYC Property Tax Update
Dear Clients, The NYC Tax Commission extended the TC150 Supplemental Application deadline to file the income and expense schedule as part of the 2020/21 property tax protest application. The previous deadline was March 24, 2020. The new deadline will be 30 days after...
COVID-19 Update: Non-Essential Construction Suspended
Dear Clients, On March 27, 2020, Gov. Cuomo suspended all New York State construction apart from "essential" or "emergency non-essential" work. Updated guidelines from ESD are linked here. "Essential" construction includes work on "roads, bridges, transit facilities,...
COVID-19 Update: Protecting Your Construction Site And Workers From COVID-19
Dear Clients, On March 18, 2020 New York Governor Andrew Cuomo signed Executive Order 20.6 which directed that all businesses and non-for-profit entities utilize telecommuting or work from home procedures, to the exclusion of certain "essential businesses" which...
COVID-19 Update: What COVID-19 means for Construction
Dear Clients, We are all experiencing an unprecedented moment in modern times which remains uncertain and changing every day. We would like the community and our clients to understand that Rosenberg & Estis, P.C. is - as always - available to guide our clients...