Cryptocurrency & Its Effect on New York City’s Co-op & Condominium Markets
What is cryptocurrency and what are the advantages and disadvantages of buying a New York City luxury co-op or condo with cryptocurrency?
Buyers, Sellers & Disclosure in a Post-Pandemic Real Estate Environment
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. Pardalis…
What You Need to Know About Recent Changes to Co-Ops & Reverse Mortgages in New York
With Assembly Bill 1508 allowing for reverse mortgages for co-op apartments, what changes will this bring when it goes into effect in May 2022?
What Home Buyers & Sellers Need to Know in 2022
Home prices to increase at a slower pace than they did in 2021, but previous years’ ultra-low mortgage rates forecasted to rise.
Encroachments: What They Are & What You Can Do About Them
What is an encroachment? An actionable encroachment is the intrusion of a structure or even…
Changes to the Liability Provisions of the New York Real Estate Transfer Tax
The 2022 fiscal budget bill brings two notable changes to the liability provisions of New York State real estate transfer tax requirements.
Co-op Boards May Have to Explain Rejections Per New Proposed Bill
New legislation set to increase transparency in co-op board decision making.
The Key Document: Title Reports
The title search is arguably one of the most important aspects of a real estate transaction. But what does it mean to have a clear title?
The New Market Tax Credit Program – History & 2021 Revival
The latest relief bill includes several provisions to revitalize the real estate industry, among them tax incentive programs like the NMTC.
What The “Consolidated Appropriations Act – 2021” (CAA) Has In Store For Landlords & Tenants
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real…
A Look Back at 2020: Major Real Estate Law Updates in NYC
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real…
Subleasing Commercial Properties in New York
What are the benefits and potential legal issues that may arise in commercial subleasing, for both NYC sublessors and sublessees?
Proposed Tax Law Amendment in California Could Greatly Affect Commercial & Industrial Properties
California’s Prop.15 seeks to tax commercial and industrial properties by their current market value, instead of the original purchase price.
NYC’s Personal Guaranty Suspension Expiring This September
With the local law suspending personal liability under a commercial tenant’s guaranty set to expire in days, what’s next for small business owners?
How Hotels Are Keeping Up With COVID-19
With occupancy, rates, tourism and business travel at an all-time low, hotels that survived months-long lockdowns face even more obstacles.
New York State Passes Housing Discrimination Bill, Giving Authority to Revoke Brokers’ Licenses
August saw the passage of a new housing discrimination bill giving the New York State Department the power to revoke brokers’ licenses.
An Inside Look at Commercial Leasing Trends & Legal Analysis
Leviathan Leasing Founder Yaron Cohen & real estate attorney Nataly Goldstein discuss current commercial leasing trends and potential legal changes to come.
Rent Freeze & Regulations in New York City
With eviction moratoriums still in place and late-payment fees banned, officials have been working to ease renters’ worries, while landlords continue to struggle with limited income.
How COVID-19 Is Affecting Commercial Landlords & Tenants
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate…
1031 Exchanges Under COVID-19
Like the real estate industry as a whole, 1031 exchanges have also been affected during the pandemic. While the Internal Revenue Service (IRS) does not usually grant extensions on these deadlines, it has made an exception due to COVID-19.