land and law

Land and Law - While a significant portion of the new laws affect only municipalities that have adopted rent regulation laws - the five boroughs of New York City, Nassau, Westchester, and Rockland Counties - all municipalities, including Suffolk County, are affected by significant changes.

Land and Law - A change in the New York State "Mansion Tax" is among new laws that could impact the area.

Land and Law - To illustrate the point, let's contrast the findings in two court actions, both involving celebrities. The first, Sotheby's v. Donald Deutsch, a television celebrity and Elliman v. Firefly, involving celebrity entertainer, Taylor Swift.

Land and Law - At the risk of appearing facetious, I would recommend that it is a good practice to get the taxes right no matter who you are representing.

Land and Law - Today's real estate professional must be knowledgeable about contract law, environmental issues, building codes, zoning, market conditions, financing, construction, land use - to name a few.

Land and Law - Your biggest investment will be your time. Spend it to its maximum benefit.

Land and Law - "The market is very slow, but I see this as a good opportunity for buyers to take advantage of the excess inventory resulting in price reductions," said Laura Miele Wynne.

Land and Law - The Towns of East Hampton, Southampton, and Southold have alleged that short-term rentals have deprived them of taxes essential to serve the community, create unfair competition with regulated motels and hotels doing business in these areas, violates local zoning laws as well as the health and safety of those who occupy these illegal rentals.

Land and Law - After the real estate crash in the first decade of the new century, many home owners found themselves in situations where they could no longer remain current in their mortgage payments, and the amount owed to the bank was more than the home was likely to sell for.

Land and Law - "As a life-long resident of the town, born and raised, having served my community in both administrative and elected positions, I liked the idea that Town & Country was home grown," said Kabot.

Land and Law - There are many court decisions that illustrate the points made in this case, but the fact that it happened in the Hamptons real estate market gives it special significance.

Land and Law - "The good news is that buyers continue to look and the end of summer/early fall is typically a strong selling season," said John Gicking.

Land and Law - The case in point has resulted in an apparent disagreement between the Appellate Division of the Suffolk County Supreme Court and the Department of State.

Land and Law - These ten issues by no means constitute all of the myths and pitfalls with respect to selling and buying real property.

Land and Law - "I always tell the buyer, don't think in terms of what others may be willing to offer for the property," said Robert Nelson.

Land and Law - "The idea of the Town to be in an ownership position and perform a property management role makes me very uncomfortable," said Russell.

Land and Law - "There are approximately ten times more people in need of housing assistance than the Federal government provides funds to serve," said Curtis Highsmith, Jr.

Land and Law - There is a general recognition among residents, businesses, and public officials of the need for affordable housing on the East End of Long Island.

Land and Law - Suffolk County Human Rights Law already addresses "source of income" as well as transparency in applications for the purchase of shares in a residential cooperative, not currently included in New York Fair Housing Laws.

Land and Law - New York State and the federal government have recently taken action with respect to discrimination in the sale and renting of housing.