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Commonly Asked Property Tax Questions: A property owner calls and says “I pay too many taxes on my property.” There are two things that affect the amount of real property taxes: valuation/assessment of the property and the tax rate. Basically, the property should not be assessed above its market value. The first question is, “Do…

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HAPPY WORLD WETLANDS DAY! February 2nd is not only Groundhog Day, it is also World Wetlands Day. This is fitting since the existence of fresh water wetlands are vital for the survival of so many species, including groundhogs (and human beings, for that matter). Wetlands are land areas saturated or flooded with water, either permanently…

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Updating SEQRA: DEC Proposes to Update and Streamline the State Environmental Quality Review Regulations When the New York State Department of Environmental Conservation (DEC) last revised the regulations that implement the State Environmental Quality Review Act (SEQRA), Bill Clinton was completing the last year of his first term in office, the Dallas Cowboys would shortly win…

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ARTFUL ZONING IN THE HUDSON VALLEY On September 8, 2016, I attended the Orange County Chamber of Commerce breakfast to hear a great presentation by my partner, Gary Schuster, and Adam Demchak from Polich/Tallix Foundry, discussing the economic and cultural benefits associated with the many creative arts associated businesses, entrepreneurs, artists and non-profits operating in…

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Someone’s In the Kitchen Cooking shows on TV like Chopped, Iron Chef, and Hell’s Kitchen are all the rage. Everyone seems to want to be a chef. Here in the Hudson Valley we are blessed to have the Culinary Institute of America, which turns out truly talented chefs every year. Many of these choose to…

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ZOOM IS TOO FAST The glossy advertisements and promotion for using Legal Zoom evidence that going too fast isn’t the best choice. Going the cheapest is also dangerous. Establishing an entity for a new business is much more than filing forms. There are many important decisions that should be part of any business entity formation….

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New STAR Rebate Program   There’s a new STAR Rebate Program.  The STAR Exemption (lower property assessment) is being phased out and replaced by the STAR Credit (rebate check). If you are currently receiving a STAR Exemption, you do not have to register for the STAR Credit. You will continue to receive the Star Exemption….

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Now Is Your Last Chance To See If You Are Overpaying Your Property Taxes in 2016-2017 Challenging your tax assessment is a process. There are deadlines, research, necessary documentation and forms, rules, and property history that need to be considered. Don’t be scared away from considering this because it may appear complicated. We can simplify…

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There are new rules governing the loan process for real estate transactions. The new TILA RESPA Integrated Disclosure (TRID) rule, referred to as “Know Before You Owe”, has new forms, and timing requirements that can slow down your real estate transaction. These new rules apply to loan applications made after October 3, 2015. The familiar…

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The City of Newburgh has a new Rental License law. This law applies to all residential rental properties, including single family homes and condominium units. The fees range from $150.00 for a single dwelling unit to $5,000.00 for a property with over 200 dwelling units. A Rental License Application must be submitted to the Newburgh…

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Jacobowitz and Gubits Counselors at Law