The United States Department of Labor has issued a Field Assistance Bulletin concerning telework under the Fair Labor Standards Act (“FLSA”) and Family and Medical Leave Act (“FMLA”) discussing work at home and/or remote work.[1] While not binding law, the Field Assistance Bulletin provides guidance to Department of Labor staff on how to apply the FLSA and FMLA. As employers will recall, under the…
Forchelli Deegan Terrana LLP warmly congratulates Jeffrey D. Forchelli, the firm’s Chairman and Co-Managing Partner, on being selected as one of Long Island Business News’ Long Island Business Influencers in Law. The prominent professionals recognized in this section were chosen by LIBN’s editorial team based on their achievements and standing in the Long Island business community. Mr. Forchelli, a Lattingtown, NY resident, earned his J.D.…
As our ability to work and conduct business remotely continues to expand and become more widely accessible, the likelihood that an individual will establish a financial footprint in more than one geographical location will increase. What happens if a non-domiciliary passes away with property located in New York or with significant ties to New York? How will a New York Surrogate’s Court accept jurisdiction in…
At the end of 2022, New York State passed legislation requiring a 45-day notice prior to filing a tax assessment challenge for any properties which are subject to an agreement to make Payments in Lieu of Taxes (PILOTs). The most common type of PILOT arrangement is through an Industrial Development Agency (IDA). IDAs provide incentives in the form of exemptions from real property taxes in…
"Lenders will need to think carefully before unequivocally accelerating a loan so that the statute of limitations does not start running to their disadvantage." Click here to read Lindsay Mesh Lotito and Zachary J. Manasia’s article, “Foreclosure Exposure.” The article originally appeared in the 2023 Best Lawyers – Real Estate & Infrastructure Issue on pages 48-49.
At the end of 2022, legislation was passed in New York requiring a 45-day notice prior to filing a tax assessment challenge for any properties which are subject to an agreement to make Payments in Lieu of Taxes (PILOTs). Industrial Development Agencies often provide incentives in the form of exemptions from real property taxes in exchange for an agreement to pay PILOTs, which are then…
At Forchelli Deegan Terrana LLP (“FDT”), we were proud to close out 2022 by adding one of the preeminent tax certiorari law firms in New York State, Koeppel Martone & Leistman, L.L.C (“KML”), to the firm. The addition of the attorneys and staff of KML has already begun to yield tremendous benefits for both our clients and our attorneys. As 2023 begins, the newly-expanded Tax Certiorari practice…
Anthony V. Curto, Of Counsel to Forchelli Deegan Terrana LLP, releases the book, A Mind of Their Own: A Lawyer’s Life: Six Decades Serving Some of America’s Most Remarkable Entrepreneurs, Artists and Adventurers. This is Curto’s second published book illuminating the unique and varied spirit of those individuals of whom he represented and sharing stories of those who have crossed his path. Anthony says,…
Forchelli Deegan Terrana LLP is pleased to announce the promotions of the following attorneys to Partner effective January 1, 2023: Lisa M. Casa, Employment & Labor John P. Gordon, IDA Benefits & Government Incentives Brian W. Kennedy, Land Use & Zoning Alexander Leong, Employment & Labor Lindsay Mesh Lotito, Banking & Finance and Real Estate Erik W. Snipas, Land Use & Zoning and IDA Benefits…
What person, project, transaction or market trend had the greatest impact on your industry this year? The New York property tax law firm landscape changed dramatically in 2022 when the decades-long industry leader, Koeppel Martone & Leistman, L.L.C., joined FDT with all of their attorneys, staff and clients. My industry has seen some consolidation over the last several years, but this was a welcomed game-changer.…