Real Estate

Is the new 421 A the answer to New York City’s affordable housing problem?

In a city in which resolving competing interests often results in inertia, the recent rapprochement among the city, real estate developers, unions, and Governor Cuomo has caused the extension of the 46-year old 421 A provision, which had been in limbo for two years. It brings hope to all stakeholders—including residents for whom the prospect […]

Where Are the Women in Construction?

This article was originally published by Construction Today on August 16, 2017. Click here to view original article. Recently, while out to dinner with friends, I mentioned that I was involved in an initiative with the goal of enhancing the development and retention of women accounting leaders in our firm. I asked one of my friends, a […]

Tax Implications Of Rental Real Estate Activities

Certain online sites such as Airbnb and VRBO (Vacation Rental By Owner) have made it easier and more appealing for homeowners to rent out their property, which has led to a nation-wide increase in short-term rentals over the last few years. According to AirDNA.co, New York City has more than 34,000 active Airbnb listings. While […]

Who is Mazars?

We are pleased to announce an exciting development for the new year! As of January 1, 2017 we have officially changed our name to Mazars USA LLP. As the world’s 11th largest accounting firm, the Mazars name is renowned around the globe. Our new name reflects our expanded international capabilities and reinforces our standing as […]

Airbnb settles lawsuit with New York City

On December 2nd New York City and Airbnb resolved a lawsuit that was filed by Airbnb in October in Manhattan federal court. The lawsuit – as previously reported in the October 24 Mazars USA Real Estate Alert – challenged legislation signed by Governor Cuomo in October. Under the new law it is illegal to advertise […]