The maintenance crew workers may go on strike and walkout this Friday – right before the Belmont Stakes. Negotiations have gone on for over two years with the workers working without a contract since February 2011. According to Vincent McElroen, financial secretary for the IBEW union, the main issue at dispute is the structure of [...]

If you’ve been following my blog, I’ve had several postings about the upcoming Belmont Stakes race, scheduled for Saturday, June 9, which is the third jewel in the Triple Crown of Thoroughbred horse racing. Interest is high because one of the race entries, I’ll Have Another, has already won the first two legs of the Triple Crown, the Kentucky Derby [...]

I just wrote a blog about the controversial takeover of the New York Horse Racing Association (“NYHRA”) by Governor Cuomo and the state in the lead up to June 9th’s 144th running of the Belmont Stakes, and now there is more controversy and more attention.  There is a high public profile of the race because it [...]

At the end of May, amidst a series of alleged scandals and controversies, Governor Andrew Cuomo and the leaders of the New York state legislature “took over” the New York Racing Association (“NYRA”), the private nonprofit corporation that controls operations at the state’s three major horse racing venues: Aqueduct Race Track in Queens, Belmont on [...]

Last year the federal government, and 49 of the 50 state Attorneys General, settled a suit against the 5 largest mortgage banks in America (Ally/GMAC, Citi, JPMorgan, Chase and Wells Fargo) for a startling $25 billion that alleged unfair or deceptive practices and wrongful conduct related to foreclosures, mortgage lending, bankruptcy practices and other issues [...]

Any type of business, whether a non-profit or for-profit corporation, may decide that forming a relationship with another organization is their best interest.   When deciding the details and structure of this relationship, it is up to the parties involved to decide which form best suits their individual and collective needs.  There are many possibilities to [...]

Yesterday’s (May 1, 2012) Washington Post carried the regular weekly column by Post writer Michelle Singletary, entitled “The Terrible Cost of Not Having A Will”. Ms. Singletary wrote about the heart wrenching problems she felt when her brother and earlier her grandmother died without wills. “Death is hard enough to deal with,” she wrote, “but toss [...]

 Consumers often complain about debt collectors who call them at odd hours, harass or yell at them, and threaten to embarrass them in front of neighbors or employers. However, American consumers, and especially New York City residents (more on this later in this posting), have legal protections against unfair and harassing practices by debt collectors. [...]

Because I do a good bit of real estate law practice (representing condos, co-ops, affordable housing groups, and buyers and sellers in real estate transactions), I follow real estate legal and market news fairly closely. I was glad to see an article in the Saturday NY Times headlined: “A Flicker of Hope Appears in the [...]

Just 6 months ago New York Attorney General Eric Schneiderman adopted a new rule requiring all developers of condominium and co-op properties to file copies of their offering plans in a digital format with the AG’s office, not just in hard copy. Thursday (April 27), the AG’s office changed their rule, effective May 15, to [...]