Previously on this blog, my colleagues posed the question to commercial landlords, “Do you know who’s working in your building?” In this post, I look at a different aspect of the sharing economy—residential short-term rentals (STRs, for short)—and ask, “Do you know who’s living in your apartment?”
A sophisticated (and effective) wire-fraud scam targeting real estate (and other) transactions is on the rise, and mostly occurring in the United States.
Here’s a Wire Fraud Alert from Chicago Title explaining how the scam works.
The National Association of Realtors suggests following this guidance to avoid becoming a victim: Continue Reading Sophisticated Email Scams Targeting the Real Estate Industry
Our colleague Jeff Moerdler was recently quoted in Law 360’s article, “NYC Transportation Infrastructure Needs Innovation: Panel” after speaking on transportation infrastructure issues at the EisnerAmper’s Real Estate Private Equity Summit this past Wednesday. Alongside Former NY Governor David Patterson and Red Apple Group head John Catsimatidis, Moerdler focused on the need for innovative solutions, fast timelines and a hard push on existing projects to rectify current issues and those going forward.