New York City’s Pied-à-Terre Surcharge: The New Law and Its Challenges for Board

This program, jointly administered by NYSBA’s Tax Section and the Real Property Law Section’s Condominiums & Cooperatives Committee, provides an in-depth review of the pied-à-terre surcharge law and its impact on co-ops and condos. The program also addresses potential next steps for co-op boards, sponsors, shareholders, and condo unit owners to consider in light of the law’s open questions and controversies by the October 6th Department of Finance deadline to apply for an exemption.

Speakers:

• Elizabeth Pascal, Esq. | Partner, Hodgson Russ LLP
• Erica F. Buckley, Esq. | Partner, Leader, Cooperatives & Condominiums / Leader, State Attorneys General, Nixon Peabody LLP
• Jeffrey S. Reich, Esq. | Partner, Schwartz Sladkus Reich Greenberg Atlas LLP

Moderator

William McCracken, Esq. | Moritt Hock & Hamroff LLP | New York, NY