A commercial property owner has just closed an industrial development agency (IDA) transaction providing real estate, sales and use and mortgage recording tax exemptions through a lease/leaseback structure. There are a number of considerations to keep in mind when leasing space to third-party businesses. Typically, commercial leases, if not approved as part of the IDA transaction, will require the IDA Board’s consent which are only…
The recent passage of the Inflation Reduction Act (“IRA”) on August 26, 2022 represents unprecedented legislation which, among other things, includes significant investment in renewable energy technologies. The IRA provides tax credits for companies developing and producing solar panels and wind turbines, as well as the manufacturing of battery storage and other renewable energy technologies. Solar and wind technologies have been implemented for many years…
Forchelli Deegan Terrana LLP (“FDT”) is pleased to announce that the firm has a combined total of 43 attorneys selected to the 2022 New York Metro Super Lawyers and New York Metro Rising Stars lists. FDT congratulates the following attorneys for being selected to the 2022 New York Metro Super Lawyers list: Joseph P. Asselta (Construction Litigation); William F. Bonesso (Land Use & Zoning); David…
What is your management style? I listen and get to know my employees so that I can determine what they need and what is important to them. Then, I try to give them this and all of the other tools they need to be effective thereby creating a workplace where they are happy and successful. Describe what you would consider to be ONE of your…
On September 20, 2022, New York City Mayor Eric Adams announced that the current workplace COVID-19 vaccination requirement for private-sector employees will be lifted and become optional as of November 1, 2022. NYC-based employers are cautioned, however, as they must continue to enforce the private-sector workplace vaccination requirement until then. After November 1, 2022, NYC-based private employers may continue to require vaccination for COVID-19 as…
It’s not true that any correspondence between attorney and client is de facto privileged. That protective wall can crumble quite easily, in fact. Here’s a primer. Danielle E. Tricolla & Gabriella E. Botticelli's article, "Be Careful What You’re Waiving," published on pages 30-31. Click here to read the article. The article originally appeared in the 2022 Best Lawyers Business Edition - The Litigation Issue.
Forchelli Deegan Terrana LLP is proud to announce that Linda Tierney, the firm’s Director of Office Management, was appointed President of the Association of Legal Administrators (ALA) Long Island Chapter. She will serve a one-year term. Ms. Tierney is a Massapequa, NY resident. The Long Island Chapter of the ALA, with over 40 members from premier law firms across Long Island, was formed in 1989…
Forchelli Deegan Terrana LLP (“FDT”) welcomes Thomas A. Catinella to the firm’s Construction practice group as an associate. Prior to joining FDT, Mr. Catinella was an associate at Morici & Morici, LLP, where he handled a wide range of cases including, personal injury, civil litigation, criminal defense, matrimonial/family law, and business transactions. Mr. Catinella, a Massapequa, NY resident, earned his J.D. from St. John’s University…
Q: Can you explain what new developments 2022 has brought into your industry, your office or your department? A: In the zoning and land use sector, following the wake of the pandemic, the demand for industrial e-commerce warehouse and distribution sites on Long Island has skyrocketed. These distribution sites are needed for faster and more efficient delivery of essential goods and services such as groceries,…
Forchelli Deegan Terrana LLP (“FDT”) is pleased to announce that the New York Court of Appeals published a decision which has broad and profound impacts for commercial tenants who pay real estate taxes in Matter of DCH Auto v. Town of Mamaroneck, APL-2021-00103 (“DCH Auto”). The controversial DCH Auto decision by the Appellate Division contradicted the previously generally accepted right of taxpayers who are obligated…