News & Insights

A bill is currently being drafted in the State Senate that would give tenants priority to purchase a landlord’s building and turn it into a cooperative if and when a landlord decides to put the building up for sale. The structure of a limited equity cooperative would...

Yesterday, New York state regulators announced that renters may no longer be charged broker fees. Broker fees in New York City typically run between 12 and 15 percent of the annual value of a lease, and provide a substantial source of revenue for real estate brokers....

After more than two years of planning, a special group convened by Mayor de Blasio released a preliminary report aimed at reforming the city’s complex property tax system. Put simply, the findings of the report aim to redistribute the burden of property taxes onto the...

A major piece of investigative journalism from the New York Times this week revealed that as many as 1400 buildings in New York City have sidewalk sheds to provide cover for unsafe facades rather than for construction. Thousands more buildings have failed to inspect...

A task force led by Preet Bharara, the high-profile former US Attorney for the Southern District of New York, called on legislators to eliminate the “personal benefit” test for US insider trading laws in a report released this week. In an interview with the Financial...

What started as a drip of news stories about malfeasance at Boeing has become a torrent in the first weeks of January as the unrelenting scrutiny of the media and regulators reveals countless new problems with both the 737 Max as well as other parts of the aerospace...