The federal government is requiring a new “beneficial ownership” information reporting requirement that will affect millions of corporate entities to be formed and previously formed. While Congress initially passed this requirement in the Corporate Transparency Act in 2021, the law will take effect on January 1, 2024. This Act will create new obligations for the smallest private companies to report […]
South Florida homeowners have plenty to face from substantially high assessments to insurance issues. First, many condo owners are dealing with significant condo assessments due to new state laws that require condominiums, every few decades, to re-assess their structures and make sure that such structures remain sound. As a result, many condominium associations are assessing high amounts to these homeowners, […]
As many of you know, it has been our long standing tradition to write a Thanksgiving message to our friends and family. Originally, this year I thought I would not do so because of the very recent passing of Ellen’s father and my father-in-law, Herb Pilelsky. As way of background, I grew up in NYC and always wanted to experience […]
Weight loss drugs, such as Ozempic, are potential disrupters to not only business in general but also the real estate market. Why? With the popularity of such weight loss drugs, people’s overall behaviors have influenced the food industry. Walmart reported that customers taking Ozempic buy less food and which in turn, has an effect on retail space. Retail food stores […]