What has been the most rewarding project or deal you’ve worked on in your career, and why? The most rewarding project I’ve worked on was a use variance for a nonprofit. They bought a home that they planned to rent to disabled individuals and their families. It was a former four-family home, which they assumed they could convert back to, as the four-family home was…
If you could change one thing about the CRE industry, what would it be and why? If I could change one thing about the CRE industry it would be eliminating the mortgage recording tax (MRT), which imposes a tax of 2.55% if you take out a mortgage or refinance a property, forcing buyers to pay two separate taxes to the state and the local jurisdiction.…
What has been the most rewarding project or deal you’ve worked on in your career, and why? With over three decades practicing tax assessment review law, I do not have just one rewarding case as I have saved taxpayers millions of dollars over the years. Every day I witness firsthand how assessments directly impact families and businesses, and I have the privilege of ensuring they…
Forchelli Deegan Terrana LLP (“FDT”), one of Long Island’s premier law firms, is proud to announce the appointment of Mary Mongioi as Co-Chair of its Corporate and Mergers & Acquisitions practice group. Her appointment was effective January 1, 2025. In this new leadership role, Ms. Mongioi will work alongside her fellow Co-Chair, Joseph Cuomo, to further strengthen the group’s commitment to delivering exceptional legal services…
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? As a tax certiorari attorney, my sole focus is to have my clients pay no more taxes than reflects the fair market value of their property. Municipalities want to protect their tax base and are, therefore, reluctant to reflect deficits to a property’s fair market value. In 2024, many municipalities…
Brian Kennedy is a partner in the firm’s Land Use & Zoning practice group for the last six years. In his practice, Kennedy guides clients through the complex municipal approvals required for all development projects. Kennedy’s experience ranges from single family residential redevelopments through large-scale mixed-use and industrial developments. His practice centers on projects in Suffolk County – and fortunate to work on projects throughout…
Forchelli Deegan Terrana LLP is proud to announce that the firm received the following regional Best Law Firms® Rankings: Metropolitan Tier 1 Long Island in Employment Law – Management and Land Use and Zoning Law and Metropolitan Tier 2 Long Island in Litigation - Labor and Employment and Real Estate Law. Firms included in the Best Law Firms® Rankings are recognized for professional excellence with…
Forchelli Deegan Terrana LLP warmly congratulates Laureen Harris, a partner in the firm's Tax Certiorari practice group, on being selected by Long Island Business News’ editorial team as one of the Most Influential Long Islanders of 2024. This special section profiles leaders across a variety of industries whose influence have impacted the Long Island community in a profound way. Ms. Harris earned her J.D. from…
Forchelli Deegan Terrana LLP (“FDT”) is pleased to announce that the firm has a combined total of 52 attorneys selected to the 2024 New York Metro Super Lawyers and New York Metro Rising Stars lists. FDT congratulates the following attorneys for being selected to the 2024 New York Metro Super Lawyers list: Stephanie M. Alberts (Estate & Probate); Joseph P. Asselta (Construction Litigation); Douglas W.…
Forchelli Deegan Terrana LLP ("FDT") is pleased to announce that Laureen Harris, a partner in the firm's Tax Certiorari practice group, has been identified as one of the most influential individuals on Long Island by City & State magazine. As such, she was profiled in the 2024 Long Island Power 100 List. This exclusive list honors Long Island’s most influential leaders who drive major policy…