Article

‘Grossing Up’ and ‘Seller Concessions’: Advice for Sponsors

March 4, 2019

Question: I am a sponsor of a new construction condominium in New York City. I have received mixed messages on whether “seller concessions” and “grossing up” are permissible. Can you explain what is legal under the Martin Act?

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‘Grossing Up’ and ‘Seller Concessions’: Advice for Sponsors

Insights And Happenings

Updates to statute of limitations for real estate securities claims

New York Legislature extends the Cooperative and Condominium Tax Abatement, but with a hook

New local laws add to changing landscape for New York City landlords