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Property Owners New York Commercial Property Owners

Davidoff Hutcher & Citron LLP

Asset Protection 101 for New York Restaurant Owners with Real Estate Interests

Owning and operating a restaurant in New York comes with significant financial and legal responsibilities—especially when real estate is part of your investment portfolio. As a restaurant owner, you face unique risks that can...more

Mintz

New York City's Climate-Focused Local Law 97 Upheld By New York Court of Appeals

Mintz on

On May 22, 2025, the New York Court of Appeals--the highest court in New York State--unanimously upheld New York City's Local Law 97 against a challenge brought by certain property owners. This law--Local Law 97--is “aimed...more

Farrell Fritz, P.C.

2024 ASIE Filing Deadline Approaches for Nassau Commercial Property Owners

Farrell Fritz, P.C. on

On Monday, February 3rd, 2025, the filing period will commence for Nassau County commercial property owners to submit their 2024 Annual Statement of Income & Expense (“ASIE”). The “ASIE” forms must be filed by owners of...more

Farrell Fritz, P.C.

New York City's FY26 Tentative Tax Roll: Insights, Trends, and What Property Owners Need to Know

Farrell Fritz, P.C. on

Every January, the City of New York releases its annual tentative tax roll based upon Department of Finance (“DOF”) valuations for each property in the five boroughs. Unless successfully challenged, these valuations are the...more

Morrison & Foerster LLP

NYC’s Local Law 97 Update: PACE Yourself

The first compliance period under New York City’s Local Law 97 (LL97) begins on January 1, 2024, and a January 2023 REBNY-commissioned study concluded that over 3,700 properties could be out of compliance and face over $200...more

Cole Schotz

Eligible New York City Building Owners: Now Is The Time To Take Advantage Of C-PACE Financing

Cole Schotz on

In early June, the first Commercial Property Assessed Clean Energy (“C-PACE”) transaction closed in New York City, courtesy of C-PACE financing provided by Petros PACE. In connection with a larger $500 million dollar...more

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