“Lower Manhattan has re-emerged as a dynamic, thriving market as 24/7 live-work communities show their strength and desirability and property owners, landlords and builders work to enhance its appeal,” observed Jaimee Nardiello, Partner at Zetlin & De Chiara LLP, at Commercial Observer’s “3rd Annual Downtown Forum” on September 24th.

This article is written in Chinese, an English translation is forthcoming.

New York State’s $175 billion FY 2020 budget included several Metropolitan Transportation Authority (“MTA”) reforms. One of these reforms, the debarment provision (Bill No. A02009C/S01509-C, Section § 1279-h), allows the MTA to determine unilaterally that alleged “defaulting” contractors and consultants will be prohibited from bidding on future MTA contracts for a period of five years based on their performance on prior or current MTA projects.

Optimism was in the air at Commercial Observer’s 4th Annual Midtown Forum. Michael Zetlin, Senior Partner at Zetlin & De Chiara LLP, led a spirited discussion on Midtown development at a panel entitled “Midtown in Demand” on June 28, 2019.