Archives

Upcoming Changes for Land Use Surveys

March 21, 2016

Beginning February 23, certain changes went into effect concerning the ALTA/ASCM survey, which lenders may require in some circumstances from borrowers pursuing a mortgage. The biggest change is that the name of the survey itself will be different: since the ACSM (American Congress of Surveying and Mapping) is now the National Society of Professional Surveyors, […]

Welcome to Our New Interns!

March 18, 2016

Weidenbaum & Harari would like to recognize our new extern and interns for this term. Melanie DeFiore and Simon Hannanian are both joining us from the Benjamin N. Cardozo School of Law, while Shelbey Tamayo will be joining us for a second term from Brooklyn Law School. We are excited to work with them this […]

New Streetcar May Link Brooklyn and Queens

March 15, 2016

According to this article from the New York Times, NYC Mayor Bill de Blasio may unveil plans for a new streetcar system linking Brooklyn to Queens. Though any such project would be unlikely to begin construction until 2019, its impact on the two growing boroughs—and the future of New York Real Estate—could be immense!

NYC Real Estate Attorney’s Closing Report: January 2016

March 11, 2016

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 450 West 17th Street, NY, NY $2,265,000 Condo Purchase 140 East 83rd Street, NY, NY $475,000 Coop Purchase 121 East 88th Street, NY, NY […]

One Expensive Island! NYC Total Property Value Tops $1 Trillion

March 7, 2016

According to a recent report from the New York City Department of Finance, the total property value for New York City in the 2017 fiscal year has risen above a trillion dollars for the first time, to a massive final figure of 1.072 trillion. The growth, fueled by a surging Manhattan market and increased construction […]

NYC Real Estate Attorney’s Closing Report: December 2015

February 21, 2016

Just a few of our recent closings…If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 2025 Broadway, NY, NY $645,000 Coop Sale 187 Edgecomb Avenue, NY, NY $938,000 CEMA Home Refinance 261 West 112th Street, NY, NY $820,000 Condo Purchase […]

Upcoming changes in FIRPTA Withholding

February 16, 2016

Today’s the day! Beginning February 16, 2016, certain provisions in 2015’s Protecting Americans from Tax Hikes Act (PATH), will go into effect. Among other things, this modifies the withholding rate imposed under the Foreign Investment in Real Property Tax Act (FIRPTA). The withholding rate is now increased from 10% to 15% in most dispositions after […]

Clients of Weidenbaum & Harari Featured in New York Times Real Estate Section

February 12, 2016

We were so pleased to see clients of our firm featured in the New York Times—they are wonderful people with a wonderful story. As first-time home buyers in their late fifties, Mr. Inzana and Ms. DeMichele were not typical purchasers. As the article describes, their later-in-life search began suddenly, after they were told that they […]

NYC Real Estate Attorney’s Closing Report: November 2015

February 8, 2016

Just a few of our recent closings…If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 10 Park Avenue, NY, NY $805,000 Coop Sale 18 West 48th Street, NY, NY $1,305,000 Condo Sale 1206 Pacific Street, BK, NY $450,000 Condo Purchase […]