by Michael Ferruggia | Feb 1, 2020 | Articles, Real Estate
You did not misread. The most current draft of NY Senate Bill S3060E and its companion Assembly Bill A5375A, both entitled the “NEW YORK STATE SMALL HOME ANTI SPECULATION ACT” will, if passed, impose an additional transfer tax on all 1-5 family...
by Michael Ferruggia | Apr 17, 2018 | Articles, Blog, Real Estate
April, 2018 Most experts agree that the 2017 Tax Cuts and Jobs Act will not, in and of itself, have asignificant effect on the national real estate market as a whole. Ralph McLaughlin, chiefeconomist at Trulia expects that “the fundamental financial benefits of buying...
by Michael Ferruggia | Oct 1, 2016 | Articles, Blog, Real Estate
By Michael A. Ferruggia, Esq. October, 2016 Halloween-time of last year brought us our first taste of closing real estate transactionswithin the new Truth in Lending Act, Real Estate Settlement and Procedures Act, IntegratedDisclosure regulatory system (TRID). So how...
by Michael Ferruggia | May 2, 2016 | Articles, Blog, Real Estate
May 2, 2016 Reflecting on National Fair Housing Month (April, 2016), we must acknowledge the many farreaching initiatives on the national, state, and local levels to expand fair housing protections to more and more deserving classes. Most notably, New York State...
