News & Insights

Read about developments including new services, practices, and professionals to better serve our clients as well as our contributions to the legal and business communities.

Home » News & Insights
The Pied-a-Terre Tax

The Pied-a-Terre Tax

In 2019, hedge fund manager Ken Griffin broke records when he purchased the 220 Central Park South Condominium for $238 million. According to The National Law Review, this spurred the New York Assembly into action. [1] The Pied-a-Terre Tax was introduced to the...

read more
The GameStop Frenzy: A Breakdown

The GameStop Frenzy: A Breakdown

This week marks an unprecedented moment in market history, and an odd one at that. A host of small time retail investors--congregating under the forum r/wallstreetbets of the popular content sharing site Reddit--have upset the market in spectacular fashion. With...

read more
PPP Co-op Relief Is Here!

PPP Co-op Relief Is Here!

Good news for co-ops: you are now eligible for relief through the Paycheck Protection Program! The expanded coverage comes as a result of the second stimulus package passed at the end of last year. As the second round of PPP kicks off, co-ops may now take initial...

read more
The Biden Plan & Real Estate

The Biden Plan & Real Estate

The Biden administration is officially in session. As with all new administrations, this will entail a host of policy changes, major and minute. With respect to real estate and housing, a fair amount of changes have already been signaled by the Biden administration in...

read more
Bitcoin is Peaking, Here’s What You Need to Know

Bitcoin is Peaking, Here’s What You Need to Know

Bitcoin had quite the year in 2020. It rallied astonishingly, reaching nearly $37,000 at its peak, though it has now stabilized at around $32,000. Interestingly, the rally was rather quiet, with few taking note of the jump of a full one thousand percent from March...

read more
Union Square Park $100M Expansion Project Proposed

Union Square Park $100M Expansion Project Proposed

Union Square Park is aiming for expansion. The century and a half old park, a landmark of New York City’s lower east side, may soon receive a “$100 million makeover” that would, among other things, expand the park an extra 2 acres. [1] The Union Square Partnership, a...

read more