Elad michael,
Real Estate Lawyer
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NYC Real Estate Attorney Articles and Updates
Stay informed about New York City real estate laws, investment opportunities, and legal strategies with articles written by Elad Michael, NYC real estate attorney.
Navigating New York City’s Short-Term Rental Landscape: What Landlords and Investors Need to Know
2025-06-15 17:49
Navigating New York City’s Short-Term Rentals: What Landlords and Investors Need to Know New York City has dramatically reshaped its short-term rental market with the implementation of Local Law 18 (also known as the City’s Short-Term Rental Registration Law), significantly impacting landlords, real estate investors, and Airbnb hosts in NYC. Understanding the current short-term rental laws in New York City is critical for anyone looking to rent out residential property or invest in Airbnb-friendly real estate. What Is Local Law 18? Local Law 18, enacted in 2022 and enforced beginning S...
New York Security Deposit Law: What Landlords And Tenants Must Know
2025-04-17 21:28
New York Security Deposit Law: What Landlords and Tenants Must Know Article 7 of New York State’s General Obligations Law (“GOL”) governs the treatment of security deposits in rental properties. For free-market rental units in New York, the most relevant sections are GOL § 7-103 and GOL § 7-108. These laws are designed to protect tenants and ensure proper handling of their deposits.
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