Real Estate
Abrams Garfinkel Margolis Bergson, LLP Assists REBNY in Updating REBNY’s Online Residential Lease Forms
New Interactive Documents are More User-Friendly, Complies with Housing Stability and Tenant Protection Act…
Michael Xylas and Wells Fargo Discuss Buyers in New Development Sales
Michael Xylas, Partner in the AGMB Real Estate division, recently led a discussion with Wells Fargo Sales Manager…
REBNY Downtown Committee Round Robin
Neil Garfinkel, Managing Partner of AGMB’s Real Estate and Banking Practices participated in Residential Brokerage Downtown Committee’s Round Robin program, Friday, June 7th, 2019. © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a similar outcome.
Intellectual Property and the Entertainment World
Protecting intellectual property rights are vital to members of the entertainment industry. According to the World Intellectual Property Organization (WIPO), intellectual property can be defined as “creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.” Intellectual property has four main categories: Trade Secrets; Patents;…
New Effective Know Before You Owe Mortgage Disclosure Rules
On October 10, 2017, amended rules were published in the Federal Register that will provide greater clarity and certainty to the Know Before You Owe, or TILA-RESPA Integrated Disclosure Rules (TRID). Receiving a mortgage, especially if it is your first, is likely to be the biggest financial decision you will ever make. You want to…
Leasing Activity Continues to Surge in Downtown Manhattan
According to a weekly market report published by The Real Deal, lower Manhattan saw the most relative growth in office leasing during the month of April 2017. Additionally, leasing activity in lower Manhattan looked promising in reports following the first quarter of 2017. Some people have cited the growth in downtown Manhattan to the diversification…
Tips to Help Avoid Failing to Close on a Home
A recent report revealed that, in the past couple of years, there has been an increase in the number of real estate transactions that have fallen through prior to closing. While there are a number of different reasons real estate transactions fail to close, there are proactive measures home buyers can take to help ensure…
Rising Trend in Unmarried Couples Purchasing Homes in Expensive Markets
Recently, new data released by Zillow revealed that, in expensive markets, there is an upward trend of unmarried couples buying homes together and a steady decrease in the number of single homebuyers. Zillow analyzed the Census Bureau’s American Community Survey data from the years 2005 to 2015 to find the percentage of young adults, ages…
Changes Coming to FHA’s Condo Rule
The Federal Housing Authority (FHA) has announced that it is proposing a new rule that would revamp the approval process for condominium developments. The purpose is to make the process less restrictive and be more in tune to the market conditions. Under the proposed rule, the FHA would reinstate approvals for single units in unapproved…
Major Tax Breaks for Foreign Entities Selling U.S. Real Estate Interests
There are many foreign investors, including individuals and corporations, who invest in the U.S. real estate market. There are several taxation provisions that govern the sale of foreign-held investment properties. The Protecting Americans from Tax Hikes Acts of 2015 (PATH) contains provisions which direct how real estate profits are taxed, and created exceptions when the…