Over the years, many married couples have come to us for assistance with buying a home. Today, however, it is becoming increasingly common for unmarried couples, family members, friends and even business partners to buy a home together. Nonetheless, there are important considerations involved when non-spouses buy a home, some of which are...
Landlord-Tenant Disputes in NY: The Security Deposit
Most tenants will need to put down a security deposit before renting a residential property. The security deposit is typically close to the amount of one month’s rent, and it is intended to cover damages inflicted by the tenant to the property...
Commercial Development Hits Westchester
As New York City prices continue to climb and real estate becomes sparser, developers are expanding outside the City. Westchester County is the newest target for investors, attracting a flurry of new businesses, ranging from restaurants and stores to theaters and...
What is a 1031 Exchange?
One of the critical considerations for owners of investment property is the requirement to pay a capital gains tax upon the sale of the property. Given the advances real estate prices have made in recent years, such a tax payment could be sizable. There are ways to avoid these taxes, such as entering...
Did a Staten Island “con-man” dupe the elderly in a real estate scam?
There may be a thief among us.
The Staten Island residential real estate boom has been spotlighted recently on our blog, but if the charges against a local man are proven to be true, it will have some residents saying "There goes the neighborhood!".
A...
What If My Renovation Damages a Neighbor’s Home?
During renovations, you may be opening up walls in your home, removing trees, repairing fencing, and the like. It is possible that during renovations you could damage a neighboring property. Falling trees, dust spreading to other apartments, and torn down fences are all...
Changing Your Will in New York
Life is always changing and ever evolving. In your lifetime, you may marry, divorce, have children, welcome grandkids, switch careers, obtain more assets, and become close to some relatives or estranged from others. All of these life changes will require that you update your will....
Updating Your Retirement Account Beneficiary Designations
Far too many individuals approach estate planning as a “once and done” situation, and merely draft up a will and leave it in drawer. A well designed estate plan, however, should consider inevitable changes that will occur during a person’s lifetime. Whether it’s getting married, have children, getting divorced, remarrying or retiring, it...
Staten Island Real Estate Rush is On
Staten Island residential real estate attorneys know firsthand that the local real estate market is booming particularly in the North Shore area of Staten Island. In fact, one of our partners, Kenneth A. Gonzalez, Esq. was interviewed for a recent SIlive.com...
Why Homebuyers Need an Attorney
For many individuals, buying a home is the single largest financial transaction they will engage in during their lifetime. While some may think that they got it alone, an experienced attorney can help to avoid any pitfalls and protect the buyer’s interests.
Although buyers are primarily concerned with the price and the location,...