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New York Real Estate Lawyers Blog

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New Financial Reporting Requirements are Now in Effect

We are compelled to inform our readers when there is a substantial change to regulations affecting real estate transactions.  As of March 1, 2026, sweeping changes  to financial reporting are in effect.  By way of background, “FinCEN”, otherwise known as the Financial Crimes Enforcement Network, has pertained to financial reporting…

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Are Canceled Real Estate Deals a Trend in New York?

Several news outlets have reported that homebuyers are canceling real estate contracts at an elevated rate.  We have previously posted about real estate transactions that do not proceed to closing.  Certainly, in this bitterly cold winter that New Yorkers are enduring, some parties are getting cold feet. Our attorneys have…

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Social Media Influencer Fails to Stick the Landing: New York Cooperative Board Rejection

News outlets have reported that former gymnast Livvy Dunne’s application to purchase a NYC apartment once owned by Yankees legend Babe Ruth was rejected by the cooperative board.  Although the news was disappointing to the young social media influencer, such a decision was mostly likely a prudent one and not…

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