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Articles by Christopher Caslin
New Jersey’s Latest Budget Has Sweeping Changes to the Mansion Tax | JD Supra
The latest budget passed by the New Jersey legislature and signed by term-limited Governor Phil Murphy quietly enacted changes to New Jersey’s Mansion Tax, which affects not only residential properties but commercial properties classified as Class 4A “commercial properties” for real estate tax purposes and will likely have a significant impact on real estate transactions in New Jersey.
The Safe Hotels Act: NYC’s New Hotel Licensing Requirement | JD Supra
At the end of July, New York City Council Member Julie Menin introduced new legislation that sent New York City hotel owners, operators and trade associations into a tizzy. The bill, known as the Safe Hotels Act, not only required hotels to obtain a license in order to operate within the City but effectively rendered the business model of how hotels operate illegal.
Leveling The Playing Field For Hospitality Franchisees In New Jersey | JD Supra
June 15, 2023 To embed, copy and paste the code into your website or blog: Just prior to Memorial Day, the New Jersey Assembly passed legislation intending to bring more balance between hotel franchisors and franchisees.
Successor Hotel Owners and Operators Beware: New Jersey Enacts Job Protections for Predecessor Hotel Employees and Notice Requirements and Restrictions for any Service Disruptions Original
The new year has brought with it new legislation in New Jersey that warrants close scrutiny by hotel owners and operators alike.
Remote Notarization Takes Effect In New Jersey
A new law was recently signed by Governor Phil Murphy permitting “notarial acts” to be done remotely in New Jersey using “communication technology” during the ongoing State of Emergency in New Jersey as declared by the Governor under Executive Order No. 103. Notarial acts include: taking acknowledgments; administering oaths and affirmations; executing jurats or other verification; taking proofs of deed; and executing protests for non-payment.
IRS Extends Key Tax Deadlines For 1031 Tax Deferred Exchanges And Investments In Qualified Opportunity Funds | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
IRS Extends Key Tax Deadlines for 1031 Tax Deferred Exchanges and Investments in Qualified Opportunity Funds
On April 9, 2020, the IRS extended certain additional key tax deadlines affecting payments from both individuals and businesses due to the impact of the COVID-19 pandemic.
New Requirement To Post NYC DOB Violations In Residential Buildings | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
New Requirement to Post NYC DOB Violations in Residential Buildings
Thanks to Local Law 110, which took effect at the beginning of December 2019, if you are the owner of a residential building within the five boroughs of New York City, you are now required to post or distribute a copy of all summonses issued by the New York City Department of Buildings (DOB) concerning a condition in violation of the building code.
Know your appetite before opening a hotel restaurant
Entering the restaurant business typically is a challenging endeavor. While careful business planning, a solid concept, creative and skilled kitchen and front-of-house staff and, of course, financial capital all are key ingredients to a successful operation, location is a critical element in determining whether a restaurant concept will be successful. The same tenets hold true for the hotel business.
“Reverse” Like-Kind Exchanges Not Subject to NYS Real Estate Transfer Tax
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