Patricia Kane

July 17, 2019 | New York Law Journal

In his Tax Litigation Issues column, Jeremy Temkin discusses how the conflict between state laws legalizing the cannabis industry and federal tax law precluding participants in that industry from deducting business expenses disadvantages cannabis businesses from a federal tax perspective.

By Jeremy H. Temkin

8 minute read

July 16, 2019 | New York Law Journal

In his Realty Law Digest, Scott E. Mollen discusses four landlord-tenant cases: “Warren LLC v. BBQ Chicken Don Alex Inc.," “425 W. 153rd St. HDFC v. Brown,” “Sudimac v. Beck,” and “472-476 Columbus Ave. LLC v. Kretzu.”

By Scott E. Mollen

14 minute read

July 16, 2019 | New York Law Journal

In their Real Estate Financing column, Jeffrey Steiner and Pej Razavilar focus on one of the principal requirements of the opportunity zone provisions—namely, that previously used tangible assets must be substantially improved and that, in order to do so, the property owner must double its initial cost basis in such property.

By Jeffrey B. Steiner and Pej Razavilar

8 minute read

July 16, 2019 | New York Law Journal

This article provides a discussion of the significance of quali­fied oppor­tunity zone business pro­perty status, including a description of the proposed regulations and an example of how these regulations have made it easier for property owners to raise capital from investors.

By Barry A. Klingman

7 minute read

July 15, 2019 | New York Law Journal

And other announcements of recent hirings and promotions of New York attorneys.

By Patricia Kane

2 minute read

July 11, 2019 | New York Law Journal

On June 6, the Appellate Division, First Department issued 'Atlas MF Mezzanine Borrower v. Macquarie Texas Loan Holder' that will reassure the real estate lending community of the finality of foreclosure sales pursuant to the Uniform Commercial Code.

By Janice Mac Avoy, Matthew D. Parrott and Justin J. Santolli

10 minute read

July 10, 2019 | New York Law Journal

In their Environmental Law column, Michael Gerrard and Edward McTiernan discuss the "deep changes in the way electricity is generated, people and goods move around, and buildings are erected and renovated in New York" that will be required by the Climate Leadership and Community Protection Act, which both houses of the state Legislature have passed and Governor Andrew Cuomo has promised to sign.

By Michael B. Gerrard and Edward McTiernan

9 minute read

July 09, 2019 | New York Law Journal

Bryan Mohler and Rachel Shaw summarize the “Housing Stability and Tenant Protection Act” and its impact on the residential rental market in New York City, including how both landlords and tenants are expected to adapt to this new reality.

By Bryan T. Mohler and Rachel E. Shaw

8 minute read

July 09, 2019 | New York Law Journal

In his Realty Law Digest, Scott E. Mollen discusses “Dynamic Energy Solutions LLC v. Pinney,” a land use case involving New York's anti-“SLAPP” statute, and “295 Broadway Realty v. Alqushi,” a commercial landlord-tenant case where the court found that a corporate agent did not have personal liability based on his signature.

By Scott E. Mollen

16 minute read

July 09, 2019 | New York Law Journal

In 'Hulu v. Sound View Innovations,' the Patent Office's Precedential Opinion Panel is set to decide what showing a petitioner must make to establish that a reference was publicly available prior to the date of the challenged patent, thus qualifying as a printed publication. In their Intellectual Property Litigaion column, Lewis Clayton and Eric Alan Stone discuss 'Hulu' and other cases considering this issue.

By Lewis R. Clayton and Eric Alan Stone

8 minute read