On December 27, 2017, Yaron Kornblum represented the tenants-in-common purchasers in their acquisition, with a twist, of 2734 Sedgwick Avenue, Bronx, NY for the purchase price of $9.42 million. The Purchasers first acquired the shares of the Seller for a purchase price of $7.9 million. The closing on the real property was consummated immediately thereafter,

Walter Gumersell was a co-presenter at the National Business Institute’s (NBI) seminar, “Helping Your Clients Select the Best Entity Option.”

Program Description

It’s a fact – decisions made during the startup of a business are some of the most crucial. Choosing the wrong entity can have far-reaching consequences that can deter the success of a

William Cornachio and Jenny Shin represented the firm’s client in the sale of its industrial property located in the Food Center area of the South Bronx to a hedge fund purchaser for 25.7 million.  With only one month between contract and closing, they addressed and resolved to the satisfaction of all participants both environmental concerns

Henry Mascia was interviewed by Newsday regarding increased scrutiny that will be placed on immigration enforcement in the New Year.

Mascia advises employers to review their procedures for verifying the work authorization of prospective or new employees. They should also know when existing employees’ work authorizations will expire, and have a system to notify the proper

Stella Lellos was a panelist at Hofstra University’s “Corporate Boot Camp: What a Corporate Lawyer Needs to Know”. She discussed the practice of mergers and acquisitions and the intricacies of corporate practice and participated in a mock acquisition negotiation.

Stella Lellos was appointed Education Coordinator for the Commercial Law section of USLAW for 2018. Stella is responsible for selecting and coordinating all of the topics and content to be presented by the Commercial Law section at all of the conferences for 2018.

Kate Heptig was quoted in an article entitled, “Dissolve Business Partnerships Gracefully by Planning Ahead,” which appeared in American Express Open Forum.

To read article, click here.

Stella Lellos led a panel at the US Law Network Cross Border exchange in Chicago focusing on Fintech and its associated disruption of the financial services industry.   Specifically, Stella addressed issues related to the formation of fintech companies, raising capital, tax reporting, intellectual property and compliance with regulations from a US and global perspective.

On September 8, Stella Lellos led a panel at the US Law conference in Carlsbad, California on formation of a company, including selection of entity, tax matters, intellectual property concerns and cross-border issues.

William Cornachio and Jenny Shin closed another loan for client, The We’re Group.  This transaction was a $48 million refinancing of the mortgage on 300 Jericho Quadrangle, and Hartford Life Insurance Company was the lender.  Two years ago in August 2015, Mr. Cornachio assisted the ownership in obtaining financial assistance from the Nassau County Industrial