Neil Garfinkel Quoted in The New York Times and The Real Deal

AGMB Law Partner Neil Garfinkel was quoted in The New York Times article “When a Co-op Board Misbehaves” and The Real Deal article “Can you sell apartments when you sit on the board?” To read The New York Times article, click here. To read The Real Deal article, click here. © 2018 Abrams Garfinkel Margolis…

Breakfast With the Bankers and a Side Order of Ability to Repay Over Easy

Last week, the Empire State Mortgage Bankers Association (ESMBA) held a Breakfast Meeting in which ESMBA members and their guests networked and listened to an analysis on how to deal with the Federal Reserve Board (FRB)’s proposed Ability-to-Repay rule. The rule is intended to satisfy Dodd-Frank’s Ability-to-Repay requirements byLender Compliance Group’s President, AGMB’s strategic alliance partner, and featured…

The Real Deal – Using their powers for good?

In this Real Deal May article, Neil comments on potential conflicts of interest when a co-op board member also acts as real estate broker. Read about the legality of this situation and how the ethics have evolved by clicking here to view the full article.   © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising:…

NYTimes – Loans for Multifamily Homes

Neil is referenced in a New York Times Real Estate article highlighting possible unforeseen difficulties in qualifying for mortgages on rental units, as opposed to single family residencies.  Click here to read the full NYTimes article.   © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not guarantee a…

NYTimes – When the Seller Is the Lender

Neil is referenced in the New York Times’ Real Estate section in an article published June 2, 2011.  The article highlights the recent drop in equity values and it’s impact on mortgage financing options – through the banks or sellers themselves.  Read the full article here. (Note: The same article was also published on the web on Lender Newscast: Online Mortgage…

NYTimes – A Guide for the Co-op Neophyte

Neil is referenced in the New York Times‘ May 26th Real Estate section in an article that provides information about co-ops and the procedures involved with their financing,  specifically in New York City.  Click here to read the full article.   © 2018 Abrams Garfinkel Margolis Bergson, LLP. All Rights Reserved. Attorney Advertising: Please note that prior results do not…

The Real Deal – The Disclosure Dilemma

Neil was interviewed for an article in The Real Deal’s May issue which examines the new agency disclosure law.  As resident counsel to REBNY, Neil helped draft the law and has been in discussion with the New York Department of State concerning necessary amendments to the law.  This article outlines some of the confusion brokers and…

Rushing to Meet Start Date (Loan Originator Compensation Rules)

Neil Garfinkel is referenced in the following story that appears in Origination News and National Mortgage News. “Rushing to Meet Start Date” By Brad Finkelstein Waiting until the last minute to comply with changes to mortgage origination rules and regulations might be a common occurrence. But many firms, both wholesale and retail, seem to be taking longer to…

All About Short Sales – AOL Real Estate

Neil was recently featured in a story by AOL Real Estate regarding short sales. To view the video click here. <form role=”search” method=”get” id=”searchform” class=”searchform” action=”http://agmblaw.com/”> <div> <input type=”text” value=”” name=”s” id=”s” style=”width:100%;line-height:2em;font-size:16px;padding-left:10px;border:none;padding-top:10px;” placeholder=”search i.e. lawyers, locations, practices, news”> </div> </form> Home      Offices      Contact Us      Terms of Use      Privacy Policy 1430 Broadway, 17th Floor, New York, New York 10018  |…

Agency Disclosure Law – Frequently Asked Questions and Training Video

I am pleased to distribute a list of “Frequently Asked Questions” which I have prepared concerning the recent amendment to New York State’s Agency Disclosure Law (the “Law”). Please click here to access the FAQs. In addition, I have conducted many training sessions at the Real Estate Board of New York (“REBNY”) concerning the amendment to the…