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NEW YORK REQUIRING QUARANTINE FOR SOME VISITORS FROM OUT OF STATE New York State Governor Andrew Cuomo announced on September 8th, that individuals traveling to New York from certain designated locations seeing spikes in COVID-19 cases will be required to self-quarantine for 14 days upon entering New York State.    This includes New York residents who…

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SERVICES TO HELP YOU BUY OR SELL YOUR HOME From negotiation and contract signing, to closing, the real estate attorneys at Jacobowitz and Gubits, LLP will guide you through the process of buying or selling a home. Click here to view the November 2020 edition of the Home Buyers Guidebook. Our goal is to guide…

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CONVERSATIONS AND DOCUMENTS EVERY SENIOR SHOULD HAVE Are you a senior? Have you had “that conversation?” Yes, “that conversation,” the one that you should have with someone who is, or perhaps several people who are, near and dear to you and younger than you. Yes, “that conversation,” about personal and intimate details of your life….

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TWO PARTNERS NAMED OFFICERS OF WBAOSC Press Release For more information, contact: Michele Babcock Jacobowitz and Gubits LLP, Managing Partner, 845-778-2121 FOR IMMEDIATE RELEASE Kelly A. Pressler, Esq. of Jacobowitz and Gubits elected President and Michele L. Babcock, Esq. elected Vice President of the Women’s Bar Association of Orange and Sullivan Counties WALDEN, NY –…

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DIVORCE BEFORE OR DURING RETIREMENT The rate of divorce among those over the age of 55 is increasing dramatically, having doubled since 1990. While the number of those getting re-married later in life is increasing, those in second marriages are also 2½ times more likely to get divorced. While all divorces bring their own challenges,…

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NEW REPORT DETAILS STRUGGLES OF HUDSON VALLEY NONPROFITS NYCON, the New York Council of Nonprofits, just released a report “Hudson Valley Nonprofits Amidst COVID-19.” The report was funded by a new group called the Hudson Valley Funders Collaborative comprised of several regional philanthropic foundations. The report paints a fairly grim picture of the state of…

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485-b COMMERCIAL REAL PROPERTY TAX EXEMPTION Section 485-b of the New York Real Property Tax Law provides the basis for a 50% reduction of the increase in assessed value due to certain qualifying new construction, alterations, installations or improvements for the purpose of commercial, business or industrial activity, thus reducing real property taxes and some…

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CANCELLATION OF DEBT INCOME You owe money. Then the debt gets cancelled. There is a risk that the cancelled debt will be treated as income to be included in your gross income that forms the basis for your income tax liability. Debt cancellation is becoming more common as this economic crisis grows. Unpaid purchases, credit…

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  NEW LAW PROTECTION FOR PUBLIC EMPLOYEES IN PUBLIC HEALTH EMERGENCIES In recognition of the essential role of public employees during this pandemic, New York State has adopted new legislation requiring public employers to plan for similar emergencies in the future. The New York State Labor Law has been amended by adding a new section (27-c)…

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A BUSINESS LAW CASE STUDY A client worked long and hard to build an agency into a successful business that provided for him and his family. He was approached by a much larger agency that wanted to buy him out. One of our transactional attorneys helped negotiate the terms of the transaction and drafted the…

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