Blog: NYC Real Estate Insights

Tenancy In Common (TIC) In U.S. Real Estate: Key Insights For Israeli Sponsors And Investors

2026-02-15 13:37 Tenancy in Common (TIC) in U.S. Real Estate: Key Insights for Israeli Sponsors and Investors In recent years, a number of Israeli-backed U.S. real estate deals have explored the use of a Tenancy in Common (TIC) setup. This structure is sometimes selected for its potential flexibility, tax advantages, or perceived simplicity compared to an LLC. However, it often involves more complexity than anticipated. For Israeli sponsors raising capital to acquire U.S. property, or for passive investors participating in such deals, a thorough understanding of TIC mechanics is essential prior to...

הסכנות בהשקעות נדל"ן בארה"ב דרך שותפויות: איך להימנע מהונאות ואובדן כספים עבור משקיעים ישראלים

2026-01-31 16:13 הסכנות בהשקעות נדל"ן בארה"ב דרך שותפויות: איך להימנע מהונאות ואובדן כספים עבור משקיעים ישראלים השקעות נדל"ן בארצות הברית לישראלים הן אפיק השקעה פופולרי במיוחד, בין היתר באמצעות שותפויות, קבוצות השקעה ו LLC-אמריקאיות. ההבטחה להשקעה פאסיבית עם תשואה גבוהה נשמעת אטרקטיבית, אך בפועל לא מעט משקיעים נתקלים במצבים של אי החזר כספים, העדר תשואה, וחוסר יכולת משפטית אפקטיבית לפעול נגד היזמים והמנהלים. מאמר זה נועד להסביר על הסיכונים המשפטיים המרכזיים בהשקעות מסוג זה, בדגש על השקעות נדל"ן בניו יורק, ולהבהיר אילו מנגנונים יכולים להגן על משקיעים ואילו מבנים דווקא חושפים אותם לסיכון גבוה. הסיכון ...

Essential Tips for Hiring Contractors in NYC: Protect Your Apartment or Home Renovation Project

2026-01-17 15:24 Essential Tips for Hiring Contractors in NYC: Protect Your Apartment or Home Renovation Project Planning a renovation in New York City comes with unique legal and financial risks. From strict licensing requirements to heightened liability exposure in co-ops, condos, and townhouses, hiring the wrong contractor can quickly turn a renovation into a costly dispute. The guidance below outlines practical, legally grounded steps to help protect your renovation project. Why Hiring the Right Contractor Matters in NYC Hiring an unlicensed or uninsured contractor may appear cheap...

New York LLC Transparency Act Took Effect January 1, 2026

2026-01-10 11:56 New York LLC Transparency Act Took Effect January 1, 2026 The New York LLC Transparency Act (NYLTA) took effect on January 1, 2026, introducing new beneficial ownership disclosure requirements for certain limited liability companies authorized to do business in New York. The statute largely mirrors the federal Corporate Transparency Act (CTA) but applies more narrowly. What Is the New York LLC Transparency Act (NYLTA)? The NYLTA requires certain LLCs to disclose their beneficial owners to the New York Department of State. The law is designed to increase transparency, com...

Understanding NYC Local Law 97: A Comprehensive Compliance Guide for Building Owners and Investors

2025-12-29 22:35 Understanding NYC Local Law 97: A Comprehensive Compliance Guide for Building Owners and Investors Local Law 97 (LL97), enacted as part of the 2019 Climate Mobilization Act, stands as one of the most impactful laws for New York City building owners. This legislation targets greenhouse gas (GHG) emissions from large buildings, which contribute over two-thirds of the city's total emissions, aiming for a 40% reduction by 2030 and net-zero by 2050. For NYC building owners and investors, understanding LL97 compliance is crucial to avoid hefty penalties and capitalize on energy efficiency in...

How Landlords Can Apply for Individual Apartment Improvements (IAIs) in Rent-Stabilized Properties in NYC

2025-12-06 20:13 How Landlords Can Apply for Individual Apartment Improvements (IAIs) in Rent-Stabilized Properties in NYC As a landlord managing rent-stabilized properties in New York City, maximizing your investment while complying with regulations is key. One effective way to increase rental income is through Individual Apartment Improvements (IAIs). These allow you to recover costs for upgrades made to individual units by applying for permanent rent increases. Whether you're renovating a vacant apartment or working with occupied units, understanding IAIs can help boost your property's value and revenu...

How to Voluntarily Dissolve a New York LLC in 2025: Step-by-Step Guide for Business Owners

2025-11-29 15:51 How to Voluntarily Dissolve a New York LLC in 2025: Step-by-Step Guide for Business Owners In the fast-paced world of New York business, especially in commercial real estate where LLCs are commonly used to hold properties, manage investments, or operate ventures, there comes a time when dissolving your limited liability company (LLC) makes strategic sense. Whether you're wrapping up a real estate development project, retiring from a partnership, or shifting focus amid NYC's evolving market trends, voluntary dissolution allows for an orderly exit without unnecessary complications. ...

How NYC Landlord-Tenant Proceedings Work: A Practical Guide for Nonpayment and Holdover Cases

2025-11-26 13:17 How NYC Landlord-Tenant Proceedings Work: A Practical Guide for Nonpayment and Holdover Cases If you own or manage property in New York City, understanding how a landlord-tenant case actually unfolds in New York City Housing Court is critical. This guide breaks down the step-by-step process for the two primary types of cases: Nonpayment proceedings (rent arrears) Holdover proceedings (possession disputes) For the difference between Nonpayment proceedings and Holdover proceedings, read Common Pitfalls in NYC Eviction Proceedings for Landlords: Avoid These Costly Mistake...

Understanding NYC’s Fair Chance Housing Law (2025): What It Means for Landlords and Tenants

2025-11-08 18:21 Understanding NYC’s Fair Chance Housing Law (2025): What It Means for Landlords and Tenants New York City’s housing laws continue to evolve to promote fairness, transparency, and equal opportunity in one of the nation’s most competitive real estate markets. The Fair Chance for Housing Act (Local Law 24 of 2024), effective January 1, 2025, marks a significant step in that progression. This law prohibits most forms of discrimination based on criminal history in housing applications, extending its protections to rentals, co-ops, condominiums, and property sales across all five bor...

NYC Broker Fee Ban 2025: The FARE Act Explained for Landlords, Tenants, and Brokers

2025-10-25 12:50 NYC Broker Fee Ban 2025: The FARE Act Explained for Landlords, Tenants, and Brokers Introduction On June 11, 2025, the Fairness in Apartment Rental Expenses (FARE) Act took effect, reshaping who pays broker fees in residential rentals. For years, tenants were charged thousands of dollars in commissions, even when the broker worked for the landlord. Now, that practice is illegal. Under the FARE Act, the party who hires the broker must pay the broker. If the broker represents the landlord, the landlord must pay the broker’s fee. This guide breaks down what the new law means...

CEMA Loans in New York: How to Save on Mortgage Recording Tax

2025-10-04 18:03 CEMA Loans in New York: How to Save on Mortgage Recording Tax What Is a CEMA Loan? A Consolidation, Extension, and Modification Agreement (CEMA loan) is a specialized tool in New York real estate law that reduces the mortgage recording tax owed when a mortgage is refinanced or when a buyer acquires a property under certain conditions. Instead of extinguishing the old mortgage and recording a wholly new one, a CEMA consolidates the existing mortgage with the new loan into a single mortgage of record. This structure lets the borrower or purchaser pay the mortgage recording tax ...

Closing Open Permits in New York City: What Property Owners Need to Know

2025-09-21 14:43 Closing Open Permits in New York City: What Property Owners Need to Know Introduction If you are buying or selling property in New York City, one of the most common issues that can delay your transaction is an open permit. Open permits occur when work was filed with the Department of Buildings (DOB) but never properly signed off. Before closing, lenders and buyers will require all permits to be cleared. Failing to resolve these issues can stall your deal, add unexpected costs, and even expose you to violations or penalties. This guide explains what open permits are, why they matt...

Usury And Maximum Interest Rates In New York (2025): A Guide For Lenders And Borrowers

2025-09-20 10:22 Usury and Maximum Interest Rates in New York (2025): A Guide for Lenders and Borrowers Introduction What is the maximum legal interest rate in New York? Both lenders and borrowers ask this question when negotiating loans, private financing, or real estate transactions. Under New York usury law, charging interest above the legal limit can make a loan unenforceable, or even criminal. This article explains the usury limits in NY, the difference between civil usury (16%) and criminal usury (25%), and the key exceptions under New York law that every borrower, private lender, and r...

Fractional Real Estate Investing: Democratization Or Regulatory Grey Zone?

2025-08-23 20:08 Fractional Real Estate Investing: Democratization or Regulatory Grey Zone? Fractional real estate investing has become a popular entry point for retail investors seeking exposure to real estate with minimal capital. Platforms such as Arrived promise passive income and long-term appreciation, allowing users to invest as little as $100 into individual rental properties. Yet, beneath the sleek user interfaces lies a complex web of securities regulations, investor risks, and unresolved legal questions. This article explores the regulatory framework behind fractional investing, highl...

Elad michael,

Real Estate Lawyer

NYC Real Estate Attorney Insights, Legal Updates, and Investment Tips

Stay informed about New York City real estate laws, investment opportunities, and legal strategies with articles written by Elad Michael, NYC real estate attorney.