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NY Public Subsidy Board to Hold Hearings on Development Projects

New York’s Public Subsidy Board (the “Board”) recently decided to hold public hearings related to development projects throughout the state, while also changing an internal policy to allow it to reconsider prior project...more

New York Rules Transfers of Parking and Storage Space Licenses are Subject to Transfer Tax

A recent private letter ruling published by the NYS Department of Taxation & Finance (the “Tax Department”) has opined that the conveyance of a license agreement for a parking space and storage space, in conjunction with the...more

New Canadian Real Estate Laws Include Banning U.S. and other Foreigners from Purchasing New Properties

Two recently adopted pieces of Canadian legislation, the Underused Housing Tax Act and the Prohibition on the Purchase of Residential Property by Non-Canadians Act, may significantly impact United States citizens and other...more

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