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Abrams Garfinkel Margolis Bergson, LLP
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Firm Partner Neil Garfinkel was recently interviewed by the New York Times for its article “New York Today: Is My Broker Legit?” Mr. Garfinkel stated that when looking to hire a #realestatebroker you should expect a contract detailing the #brokersfee and under what circumstances it will be paid.

To read the full #NewYorkTimes article, click on the link below:

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Tomorrow, March 15, Firm Partner Michael Xylas will be speaking at the Krantz + Krantz Team, Halstead Real Estate seller’s event “Preparing to Profit: Selling Your Home.” The event will take place from 5:30 p.m. to 7:30 p.m. at the Row House located at 2128 Frederick Douglass Boulevard, New York, NY. Mr. Xylas will discuss the contract to closing process.
#SellersEvent #NYCRealEstate #ContracttoClosing #HalsteadRealEstate

For more information or to register for the event, visit www.KrantzKrantz.com.
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Abrams Garfinkel Margolis Bergson (AGMB), LLP is proud to announce that the firm has opened a new Long Island office location. The new AGMB office will be located at 225 Broadhollow Road, Suite 102, Melville, New York. To contact our Melville office, call (516) 986-2746 or to reach us by fax (631) 396-0770. #Melville #LongIsland #LongIslandLawFirm #NewAGMBLocation

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Firm Partner Barry Margolis was recently quoted in Brick Underground’s article on a new ruling that may affect how #condominium boards can eject badly behaved apartment owners. Mr. Margolis stated that the recent ruling “highlighted a strategy that could be used, and if successful, could result in the ejectment of a unit owner from a condo."

To read the full #BrickUnderground article, click the link below:

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The Federal Housing Authority (#FHA) has proposed a new rule that would revamp the approval process for #condominium apartments. This new rule would aim to make the process less restrictive and more in-tune to #marketconditions.

To read more about this #NYrealestate topic, click the link below:

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Many foreign investors choose to invest in the U.S. #realestate market. There are several taxation provisions that govern the sale of foreign-held investment properties, including the Protecting Americans from Tax Hikes Act of 2015 (#PATH). PATH has several effects on the exceptions under the Foreign Investment in Real Property Tax Act of 1980 (#FIRPTA), including a method for foreign retirement and pension fund sellers to avoid paying income tax when selling properties through real estate investment trusts (#REITs).

To read more about this topic, click the link below:

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Firm Partner Neil Garfinkel was recently quoted in a DNAinfo article on how mortgage-rate increases could affect New York City #realestate. Mr. Garfinkel advised #buyers to set a realistic purchase price and have their team ready — real estate broker, attorney, inspector and bank lender — so they can act quickly if they find a home they’d like to purchase.

To read the #DNAInfo article, click the link below:

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Firm Partner Neil Garfinkel was quoted in a New York Real Estate Journal (NYREJ) article on the revival of the 421-a agreement. The program has the potential to benefit the New York City real estate market by allowing more affordable housing to be built while allowing developers to receive tax breaks. #421a #AffordableHousing #NYCRealEstate

To read the #NYREJ article, click the link below:
http://agmblaw.com/wp-content/uploads/2017/01/NYREJ_GarfinkelAGMBApprovalOfRevivedAgreementWillBenefitREIndustry_Jan10-23-17.pdf

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Firm Partner Neil Garfinkel was interviewed for a #Newsday article on President-Elect #Trump’s proposal to raise the standard deduction and the potential effects it will have on Long Island #realestate.

To read the article, click on the link below:

Tune in today to the JadeStone Friday Real Estate Broadcast: Ins and Outs of Ownership in NYC Real Estate that will broadcast live at noon. Firm Partner Neil Garfinkel, who will serve as an expert speaker, and Anne Chang, Principal Broker/Owner at Jade Stone Real Estate, will share their knowledge, trends, and updates with you as well as answer any or all of your questions.

To watch the live broadcast today at 12 p.m., visit the link below: https://www.facebook.com/AnneChangNYC
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