Employers with job postings in New York should be ready to update their job postings to ensure compliance with the New York’s Salary Transparency Law, which takes effect on Sunday, September 17, 2023. The Law Under the New York Salary Transparency Law, any job posting for a position that will be either performed in New York State, or “that will physically be performed outside of…
A recent United States Supreme Court opinion has significant impact on New York’s Real Property Tax Law. Tyler v. Hennepin County, Minnesota, decided on May 25, 2023, ruled it unconstitutional for a taxing authority to foreclose upon and sell property based upon a failure to pay taxes without a procedure for the property owner to recover any surplus from the sale. In Tyler, the county…
Q: What trend/issue has stood out in your industry or company this year? A: In May 2023, FDT hired me as a Partner to expand the firm’s already well-established and impressive Tax, Trusts and Estates practice group. Although my practice encompasses all facets of trusts and estates matters – i.e., estate and asset protection planning and probate and estate administration, my primary area of practice…
UNIONDALE, NY, AUGUST 17, 2023 – Forchelli Deegan Terrana LLP’s (“FDT”) Chairman and Co-Managing Partner, Jeffrey D. Forchelli, was selected by his peers for inclusion in the 30th Edition of The Best Lawyers in America® for Land Use & Zoning Law. He has been recognized annually since 2018. FDT partner Gregory S. Lisi was recognized for a fourth consecutive year for his work in Litigation…
Would there be a better business landscape today for the cannabis industry had Thomas Jefferson’s concept for the U.S. banking system prevailed in 1791? At the inception of our country, there was a bitter rivalry between those that favored states’ rights and those that supported a strong central government. Alexander Hamilton, the first secretary of the treasury, believed a strong central bank, controlled by the…
"Plan for the best, prepare for the worst", published in the July 07, 2023 issue of Long Island Business News, discusses creating an estate plan that prevents future litigation written by Tax, Trusts & Estates Partners Stephanie M. Alberts & Cheryl L. Katz-Erato.
The Corporate and Mergers & Acquisitions practice group at Forchelli Deegan Terrana LLP would like to share with you this short overview of the potential impact of artificial intelligence on contract drafting. Artificial intelligence (AI) holds significant potential to revolutionize contract drafting. By employing machine learning and language understanding techniques, AI can enhance both precision and efficiency. The capabilities of AI range from adherence to regulations and…
UNIONDALE, NY, July 28, 2023 – Forchelli Deegan Terrana LLP (“FDT”) warmly congratulates the following attorneys on their Nassau County Bar Association (NCBA) Committee appointments effective June 1, 2023: Gerard R. Luckman, a partner and chair of the firm’s Bankruptcy & Corporate Restructuring practice group, was appointed Chair of the Bankruptcy Committee. Mr. Luckman, a Glen Cove, NY resident, earned his J.D. from St. John’s…
Artificial Intelligence (“AI”) is poised to revolutionize the commercial real estate market. As AI becomes more advanced, the commercial real estate market on Long Island will see dramatic changes in the way real estate investors purchase, sell, evaluate, and develop properties. From enhancing property searches and due diligence to navigating through planning and environmental review, the potential capabilities of AI should be closely monitored by…
UNIONDALE, NY, JULY 7, 2023 – Forchelli Deegan Terrana LLP (“FDT”) welcomes attorney Julia J. Lee to its Tax Certiorari practice group. She has extensive experience representing clients on tax certiorari matters in various jurisdictions throughout New York State. At the Nassau County Attorney’s Office, Ms. Lee was the Deputy Bureau Chief of the Property Assessment Litigation Bureau. Ms. Lee, a Huntington, NY resident, earned…