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.
Bitcoin Passes 50K USD
Bitcoin is now trading above fifty thousand USD, a significant milestone for the much maligned financial asset. The cryptocurrency doubled in value in less than two months and is now estimated to have a total market value in circulation that is close to $909 billion....
Federal Funding En Route to NY
Federal action will soon bring yet another patchwork of funding to New York, still reeling from the onset of COVID-19. Though the $1.9 trillion stimulus plan has yet to be ratified by Congress, top Democrats Nancy Pelosi and Charles Schumer are confident that the bill...
Vaccination in NYC
One month into 2021 and nearly a year into the COVID-19 pandemic, vaccination is on everyone’s mind. Where do I get it? Am I eligible? Who is distributing it? All of these questions are slowly but surely being answered, whether by New York State officials, Governor...
Investment Adviser GPB and Associates Charged with Fraud and Whistleblower Violations
Yesterday, February 4th, the Securities and Exchange Commission (SEC) charged David Gentile, Jeffry Schneider and Jeffrey Lash with “running a Ponzi-like scheme” that allowed them to fraudulently raise $1.7 billion in securities. [1] The SEC also charged their...
Trouble in Paradise: The Ailments of 432 Park Avenue
The tower is clearly viewable from every borough of New York City as well as from New Jersey. At the time of its completion, it was the tallest residential building in the world and remains the tallest residential building in the country. The building stands tall and...
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...