Key Points - - New York lawmakers have reintroduced legislation that, if adopted into law, would make mezzanine and preferred equity financing subject to the mortgage recording tax. - The legislation would also...more
Key Points - - New York State lawmakers, who are looking to make up the gap in the state's annual budget, are considering proposals for nearly $7 billion in tax hikes in a package that includes taxes on mezzanine and...more
The residential market has attracted a huge amount of attention and pledges of reform from all sides of the house. There has been a constant stream of consultation on both long leaseholds and short term lets. ...more