New York City Property Value Declines Also Expected in Upstate Markets

The January 2021 New York City annual report of the City’s real property tax base shows expected COVID-related hits across the spectrum. Retail buildings and hotels/motels registered a market value decline of 21.1% and 22.4%, respectively. Office buildings experienced a decline of 15.6% in market values.[1] Although the New York City real estate market differs […]

Is Takeout Alcohol Here to Stay?

New York Among States Contemplating Extension of Temporary Provisions New York Assembly Member Pat Fahy has sponsored a bill, which, if passed, would allow takeout and delivery of alcohol by restaurants and bars to continue for two years after the end of the pandemic-related emergency. A similar bill sponsored by State Senator Brian Benjamin is […]

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Hotel/Motel, Office and Selected Retail Property Assessments Should Be Reviewed

While some business sectors have weathered the COVID-19 coronavirus pandemic disruption remarkably well, others, including hotel/motel, specific retail, and office sectors, have been severely impacted. According to CBRE, U.S. hotels suffered the worst annual occupancy level in 2020 since the Great Depression (1). Compounding a drop in tourist occupancy, business demand for hotel and motel […]

Important MLMIC Demutualization and Sale Update: On December 9, 2020, the Appellate Division, Second Department issued its decision in Maple Medical v. Scott, joining the Third and Fourth Departments in ruling in favor of MLMIC Policyholders in Disputes over MLMIC Conversion Payouts.

On October 1, 2018, Medical Liability Mutual Insurance Company (“MLMIC”) was converted from a mutual insurance company to a stock company and sold to Berkshire Hathaway for $2.502 billion in cash consideration. Following MLMIC’s sale, litigation ensued throughout New York State between healthcare providers and their employers or former employers over which of them was […]

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3 Nolan Heller Kauffman Attorneys Named to 2020 Super Lawyers®

We are proud to announce that 2020 New York Super Lawyers Upstate Edition has recognized three Nolan Heller Kauffman LLP attorneys. Justin A. Heller – Business Litigation & Creditor/Debtor Rights. Madeline H. Kibrick Kauffman  – Business/Corporate Law & Creditor/Debtor Rights. Francis J. Brennan  – Business Litigation & Bankruptcy Law. The Top 5% of Attorneys in […]

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New York State Liquor Authority Updates: New Rules & Enforcement due to COVID-19

The attorneys at Nolan Heller Kauffman LLP understand that many businesses in the hospitality industry have been negatively impacted by COVID-19. We are here to help you navigate both the financial and regulatory compliance aspect of keeping your business during this difficult time. If your New York licensed business has been charged with violations of […]

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An Important Update on MLMIC Demutualization

Momentum is building for MLMIC Policyholders in disputes over MLMIC Conversion Proceeds. The Appellate Division Third Department’s June 18, 2020 decisions in Schoch and Shoback are major victories for policyholders across New York State. We previously reported that on April 24, 2020, the Appellate Division Fourth Department issued its decision in Maple-Gate Anesthesiologists, P.C. v. […]

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Real Property Tax Assessment Grievance Day Deadlines Extended In Some Jurisdictions

Deadlines Extended Governor Cuomo’s Executive Order 202.22 allows taxing jurisdictions the option to extend the deadline to challenge property tax assessments for 2020. Several jurisdictions in the Capital Region of New York have elected to extend their tax grievance deadline, including the following: Town of Colonie Town of Guilderland City of Albany Depending on where […]

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Real Property Tax Assessment Grievance Day Deadlines and Procedures May be Different Due to COVID-19

Property Tax Assessment Changes Due to COVID-19 Are you planning to challenge your real property tax assessment this year? If so, it is critical that you check with your assessors’ office about any changes in the deadline or procedure. Normally, the grievance deadline for most taxing jurisdictions is the 4th Tuesday in May (this year […]

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Important MLMIC Update: Major Victory for Policyholders in New York State

April 24, 2020 Decision in the Maple-Gate Case Is a Major Victory for Policyholders in New York State.   The Appellate Division, Fourth Department issued its decision in Maple-Gate Anesthesiologists, P.C. v. Nasrin, CA 19-00612, 2020 NY Slip Op 02389 (4th Dep’t Apr. 24, 2020) (“Maple-Gate”), creating a split of authority with an earlier appellate […]