Search for: "Associated Estates Realty Corporation" Results 61 - 80 of 159
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23 May 2016, 3:22 am by Peter Mahler
The Appellate Decision The primary issue addressed in last week’s appellate decision, authored by Associate Justice Thomas A. [read post]
16 May 2016, 3:28 am by Peter Mahler
He did find, however, that their father’s estate holds a 25% interest in the income and assets of the partnership, and that they are entitled to seek an accounting of the affairs of the partnership from the date of their father’s death through the present. [read post]
8 Mar 2016, 6:26 pm
The Court found that the MRL establishes that a real estate investment trust is an unincorporated business trust or association for the benefit and profit of its shareholders, who possess ownership interests and voting power. [read post]
7 Mar 2016, 9:10 am by Ronald Mann
Noting the argument from amicus National Association of Real Estate Investment Trusts that large public real estate investment trusts (REITs) resemble corporations in every practical way, the Court gave it no heed, repeating its conclusion in a 1990 case that it saw “no reason to tear . . . down” the “‘doctrinal wall’ between corporate and unincorporated entities. [read post]
22 Feb 2016, 5:11 am by WynnAndWynn
In its simplest terms, a Trust separates the legal title holder of real estate (the “Trustee”) from the true owner of the real estate (the “Beneficiary”). [read post]
25 Jan 2016, 6:30 am by D. Daxton White
Business Development Companies operate much in the same was as REITs (Real Estate Investment Trusts). [read post]
19 Jan 2016, 2:15 pm by Ronald Mann
On that point, amicus National Association of Real Estate Investment Trusts (NAREIT) had filed a first-rate amicus brief in support of Americold. [read post]
11 Jan 2016, 9:07 pm by Stephen Bilkis
The trustee (Ministers and Missionaries Board) is a New York corporation; and the trust fund has always been administered in the State of New York. [read post]
11 Jan 2016, 3:30 am by Ronald Mann
” Third, the boldest position comes from the National Association of Real Estate Investment Trusts (NAREIT), which filed an amicus brief in support of Americold. [read post]
19 Sep 2015, 7:56 pm by Stephen Bilkis
According to schedule F of the decedent's federal estate tax return, at his death, decedent owned interests in Kaplan family businesses, totaling $8,369,930, as follows: (1) one-third membership interest, valued at $2,416,667, in Brush Hollow Realty, LLC; (2) one-third membership interest, valued at $1,266,667, in Stewart Avenue Realty, LLC; (3) one-third membership interest, valued at $1,470,000, in Whitestone Expressway Realty, LLC; (4) one-third membership… [read post]
1 Aug 2015, 6:50 pm
A New York Probate Lawyer said the issue on this appeal is (1) whether a power of attorney which conferred limited realty management powers upon JSF was one relating to an interest in a decedent's estate and was therefore ineffective under EPTL 13-2.3 for failure to record it in the Surrogate's Court, and (2) whether plaintiff LC Corporation, a corporation dissolved by proclamation of the Secretary of State for nonpayment of franchise taxes in 1978, had… [read post]
29 Jun 2015, 3:19 am by Peter Mahler
The partnership, known as Boundary Realty Associates, consisted of three partners: Olshan (50%), Rosenberg (25%), and Breidbart (25%). [read post]
6 May 2015, 9:39 pm by Stephen Bilkis
Indeed, the record supports the conclusion that the partnership was created solely for tax and estate planning purposes; that it does not engage in any commercial business activities; and that it serves and exists solely as the Smiley family's personal and primary residence. [read post]
16 Mar 2015, 3:31 am by Peter Mahler
Gorbrook Associates, Inc. v Silverstein, 40 Misc 3d 425 [Dist. [read post]