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As reported by CNN, mortgage rates have continued to drop through December, falling below 7% for the first time since the summer. Further drops are expected in early 2024. To read more, please find the article here:

The New York legislature recently passed a bill (S6577/ A6656) which makes deed theft in the state a civil crime. The passing of this bill will provide significantly more protection to those targeted by deed thieves and equip prosecutors with the necessary tools to stop or slow a deed theft before it has been actualized. […]

According to the New York Times, the financial district boasts the highest office vacancy rate in Manhattan. Approximately 27 percent of office spaces are available for lease, a significant increase from the pre-pandemic rate of 11 percent. Because of this, real estate consulting firms such as Vanbarton Group are converting some spaces into residential real […]

Starting on January 1, 2024, the Corporate Transparency Act will require mandatory beneficial ownership information (BOI) reporting requirements for statutorily created business entities, including law firms and attorneys. The purpose of this change is to aid the United States Government in policing criminals who use the corporate personal liability shield to hide their identities and […]

As reported by CNN, mortgage rates took a substantial dive during the second week of November, from 7.75% to 7.5%, after rising consistently for a period of weeks. This is the largest dip since a similar plunge during November 2022. Sales, which had slowed during September, gained some traction thanks to the rate decrease. Despite […]

After a busy winter and spring season this year, the WHFirm staff celebrated with a couple of happy hour outings to kick off the summer – first at Malone’s Bar in June, followed by the Freehold rooftop bar in July. Our thanks to our hardworking crew. Without such a dedicated team of professionals, our firm […]

Congrats to the firm for making this year’s list of NYC’s top 40 law firms on The Real Deal! We entered the year with a bang, jumping immediately to number 25, and have held strong throughout the year. The Real Deal bases their ranking on the dollar volume of closed sales recorded in ACRIS between […]

The law in New York surrounding the Property Condition Disclosure Statement (PCDS) changed significantly with Governor Hochul’s recent signing of A.1967/S.5400, which eliminates the option for sellers to offer a $500 credit to buyers at closing in lieu of completing the PCDS and adds questions disclosing the property’s flood history and risk to the PCDS […]

Mortgage rates continued to decrease slightly this week, dropping to 6.69% average from 6.71% the previous week, influenced by the Fed’s recent decision to pause rate hikes. For more info, you can read the full article here.

The lightning development of AI tools such as ChatGPT is already being felt in many industries. As reported by the Guardian, this includes the field of cybercrime, and particularly the common type known as “phishing.” Phishing is the transmission of a virus or other harmful software, often via email and generally disguised as a legitimate […]