Publications

The White House recently announced a Presidential initiative to protect residential tenants across the country from surprise "junk fees" charged by landlords. Generally, these are fees that are included in addition to rent that may be collected prior to the commencement of a lease – such as rental application fees – or extra fees during Read More »

As schools and colleges break for summer and vacation season gets into full swing, short-term rentals – offered on popular platforms like Airbnb and VRBO – are often a prime topic of discussion. Short-term rentals are not new. But they are consistently the subject of debate of local municipalities – some residents preferring the extra Read More »

There is a transfer tax due when conveying real property in New York State.  The amount of transfer tax is based on the consideration paid in exchange for the conveyance, which consideration is typically the purchase price.  The transfer tax is reported on the Form TP-584 Transfer Tax Report.  The TP-584 must be filed at Read More »

On March 31, 2019, Governor Andrew M. Cuomo and the State Legislature passed the $175 billion FY 2020 budget (the "Budget") for the state of New York. Real estate related highlights from the budget include: Permanent 2% Property Tax Cap: The inclusion of the permanent 2% property tax cap in the FY 2020 Budget will Read More »

Bousquet Holstein’s real estate and litigation attorneys represent property owners in challenges to municipal assessments of real property, which is known as tax certiorari. If you or your business own real property that the municipality has assessed too high, is assessing unequally to other properties, or is entitled to an exemption that the municipality incorrectly Read More »

On June 21, 2016, the Federal Aviation Administration ("FAA") released its highly anticipated new rules set to serve as the foundation for governing commercial use of small, Unmanned Aircraft Systems ("UAS") and Unmanned Aerial Vehicles ("UAVs") in the United States.  These new rules, more specifically, Part 107 of the Federal Aviation Regulations, provide a clear Read More »

The drone industry has proliferated recently and is expected to see continued exponential growth in the next several years.  Experts estimate that close to 1 million drone units, also known as small, unmanned aerial vehicles (or UAVs for short), were purchased during the 2015 holiday season alone.  This expansion has led to creative, expanded use of Read More »

Governor Cuomo signed legislation on April 13, 2016 enacting two significant changes to the NY School Tax Relief ("STAR") exemption program.  The STAR program provides homeowners a reduction in real property school taxes.  Historically, the STAR exemption was shown on and immediately reduced homeowners’ school tax bills. The first change transforms the STAR exemption into a Read More »

Governor Cuomo signed legislation on April 4, 2016, enacting a 12-week paid family leave law for employees in New York (the "Paid Family Leave Law").  The Paid Family Leave Law will phase in over four years beginning in 2018 and will require employers to allow eligible employees up to 12 weeks of paid time off Read More »