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Qualified Opportunity Zone Investing: A Life Saver For Tax Reform | Cole Schotz


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The Biden tax reform proposals target many tax benefits associated with real estate investing.   If adopted, the ability to do tax free like kind exchanges may be eliminated and the maximum long term capital gains rates on sale may rise from 20% to 43.4% (marginal rate of 39.6% plus NIIT of 3.8%).   Also, the ability to step-up the tax basis of assets at death may be eliminated.  If all or any portion of this new tax landscape is adopted, investing in qualified opportunity zone funds (“QOFs”) may become of greater value and should be explored by all real estate investors. ....

Cole Schotz , கோல் ஸ்காட்ஸ் ,

Flurry Of PFAS Actions In The First 100 Days Of The Biden Administration: The Highlights | Cole Schotz


First step to begin the process of developing national primary drinking water standards
Process takes years under the SDWA prescribed process
EPA must propose the drinking water standard within 24 months
EPA must then promulgate the standard within 18 months after the proposal
Standards include the Maximum Contaminant Level Goal (MCLG), the non-enforceable level at which no known or anticipated adverse health effects occur, with an adequate margin of safety
Standards also include the Maximum Contaminant Level (MCL), the enforceable standard applicable to public water suppliers, as close to MCLG as is “feasible” using best available technology or other means available, taking costs into consideration ....

United States , Michael Regan , Cole Schotz , United States Environmental Protection Agency , Biden Administration , Forever Chemicals , President Biden , Safeguarding America , Comprehensive Environmental Response , Liability Act , Toxic Substances Control Act , Clean Air Act , Risk Information System , Provisional Peer Reviewed Toxicity Value , Proposed Rulemaking , Wastewater Discharges , Clean Water , Industry Study , Clean Water Act , Organic Chemicals , Synthetic Fibers , Fifth Unregulated Contaminant Monitoring Rule , Public Water Systems , Regulatory Determination , Safe Drinking Water Act , Maximum Contaminant Level Goal ,

CIANJ and COMMERCE Magazine Honor Environmental Leaders

CIANJ and COMMERCE Magazine Honor Environmental Leaders   Rochelle Park, NJ (April 27, 2021) – The Commerce and Industry Association of New Jersey (CIANJ) and its flagship publication, COMMERCE Magazine, celebrated environmental leadership in the business community at a special awards breakfast last week.   Nearly 80 consultants, attorneys, accountants, engineers, licensed site remediation professionals[.] ....

United States , Montclair State University , New Jersey , Rochelle Park , Cole Schotz , Emily Lamond , Shawn Latourette , Bob Martin , Anthony Russo , Amy Greene , Riker Danzig , Amys Greene , Richard Lawton , Valley Health System , Environmental Inc , Nj Brownfields Assistance Center , Tm Associates , Brownfields Program , Jersey Department Of Environmental Protection , Steve Rich Group , Jersey Sustainable Business Council , Holy Name Medical Center , Environmental Business Council , Whitestone Associates Inc , Energy Usage Green Building Design , Davey Company ,

New York State Revises Domestic And International Travel Advisory | Cole Schotz


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Yet again, the New York State Department of Health updated its COVID-19 Travel Advisory (the “Advisory”) for domestic and international travel on April 10, 2021.  As we recently reported, as of April 1, 2021, New York State initially loosened quarantine requirements for domestic travel.  However, New York State altered that guidance and now delineates recommendations based on vaccination status.  The Advisory also now relaxes restrictions on international travel.
As an initial matter, the Advisory clarifies the definitions of “domestic travel,” “fully vaccinated,” and “recently recovered” in relation to the travel guidance.
“Domestic travel” is defined as travel lasting for twenty-four (24) hours or longer to states or United States territories other than contiguous states (i.e., New Jersey, Pennsylvania, Connecticut, Massachusetts, and Vermont). ....

New York , United States , New Jersey , Cole Schotz , Janssen Johnson , Centers For Disease , York State Department Of Health , New York State Department , New York State , Disease Control , Unvaccinated Healthcare , New York State Travel , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , கோல் ஸ்காட்ஸ் , ஜான்சன் ஜான்சன் , மையங்கள் க்கு நோய் , யார்க் நிலை துறை ஆஃப் ஆரோக்கியம் , புதியது யார்க் நிலை துறை , புதியது யார்க் நிலை , நோய் கட்டுப்பாடு , புதியது யார்க் நிலை பயணம் ,

Owner Liability To Construction Subcontractors In Contract Or Quasi-Contract | Cole Schotz


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The typical arrangement on most construction projects is that the property owner or developer engages the services of a general contractor or construction manager, which in turn subcontracts the work out to the various trades pursuant to a number of subcontracts.  Under this standard arrangement, subcontractors seeking payment for their work are generally limited to recovering funds from the general contractor or construction manager, as that is the party they contracted with.  Generally, under such an arrangement, there is no basis for an unpaid subcontractor to sue the property owner or developer for nonpayment because there is no contract between them.  (The obvious exception is a mechanic’s lien foreclosure action, where unpaid subcontractors, among others, can directly pursue a claim against the real property at issue, even where they do not have a contract with the owner.) ....

New York , United States , Cole Schotz , Gy Maintenance Corp , Justice Melissa Crane , New York County Supreme Court , Justice Crane , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , கோல் ஸ்காட்ஸ் , புதியது யார்க் கவுண்டி உச்ச நீதிமன்றம் , நீதி கிரேன் ,