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New York Enacts “Pied-à-Terre” Tax: Significant Surcharge on High-Value Non-Primary Residences in New York City

New York State has enacted a long-debated tax on high-value residential properties in New York ...
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Keeping Cool: Understanding the New Air Conditioning Requirements for New York City Rentals

In January, 2026, the New York City Council passed Intro 994-A, now Local Law 23 ...
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Local Law 58 Sets New Timing Requirements For Co-Op Applications

Cooperative, or “Co-Op,” housing has long been a central component of the New York City ...
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Construction Access And The Amended RPAPL § 881

Section 881 of the Real Property Actions and Proceedings Law (RPAPL § 881) has long ...
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Understanding the Weight of Lead-Based Paint Compliance For New York City Residential Property Owners

Lead paint disclosure has long been a requirement in residential real estate transactions. In 1978, ...
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2025 Year In Review: Key Regulatory And Market Changes

The past year brought a steady flow of legal changes in New York that affected ...
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Governor Vetoes Amendment to New York’s LLC Transparency Act Slated to Take Effect January 1, 2026

Beginning January 1, 2026, the New York LLC Transparency Act (“NYLLCTA”) will require limited liability ...
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Foreign Exchange Rates And The New York City Residential Real Estate Market For Non-U.S. Buyers

The following client alert has been written in collaboration with UrbanDigs. Manhattan and Brooklyn residential condominium ...
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What To Know About Co-op Apartment Ownership By A Trust

Legal Requirements For Trust-Owned Co-op Apartments Trust ownership has emerged as an effective strategy for ...
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