Tuesday 15 October 2019

Sweeping LLC law surprised even legislators

The outlawing of anonymous condo ownership in New York shocked the very lawmakers who passed it. And now the equally shocked real estate industry is trying to undo it. “We have to make noise,” said real estate attorney Adam Leitman Bailey, who is organizing an effort to exclude New York City from the law. “If we don’t make noise, nothing will happen.” It might be too late, given the suspicion surrounding multimillion-dollar purchases of apartments



source https://therealdeal.com/2019/10/15/sweeping-llc-law-shocked-even-legislators/

No comments:

Post a Comment