Stein Adler Dabah & Zelkowitz LLP

The Stein Adler team including Joshua Zelkowitz, Josh Lustiger, and Michal Chait represented Extell Development in the $50M sale of a development site at East 86th Street in NYC. https://lnkd.in/eMUMKvP5

The Stein Adler real estate team including Joshua Zelkowitz, Michal Chait, and Dawn McNamara represented Extell Development in the sale of a 10,000 SF commercial condo space located Manhattan’s Theater District.

The Stein Adler Real Estate Team including Joshua Zelkowitz, Josh Lustiger, Michal Chait, and Dawn McNamara led our client, Extell Development in their acquisition of an office building at 15 W. 46th Street in midtown Manhattan.

The Stein Adler team including Joshua Zelkowitz, Josh Lustiger, Daniel Dwyer, Michal Chait and Dawn McNamara recently guided our client to closing on this industrial warehouse acquisition in Norfolk, VA.

On February 18, 2025, the U.S. District Court for the Eastern District of Texas issued a decision in?Smith, et al. v. U.S. Department of the Treasury, et al., reinstating the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). As a result, businesses are now obligated to file an initial, updated and/or corrected BOI report by?March 21, 2025.?

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Effective January 1, 2025, New York employers are now required to provide employees with 20 hours of paid “prenatal personal leave” during any 52-week calendar period to attend prenatal medical appointments during or related to pregnancy. Eligible employees may utilize this leave in hourly increments to receive healthcare services during their pregnancy or related to a pregnancy, including physical examinations, medical procedures, monitoring and testing, and discussions with a health care provider related to pregnancy. This prenatal leave entitlement is in addition to the sick leave provided under the NY State Paid Sick Leave Law. Therefore, eligible employees are entitled to use up to a total of either 60 hours or 76 hours (depending on employer size) of paid leave for various medical needs. NY State also recently extended paid lactation breaks from 20-minutes to 30-minutes for up to three years following childbirth. If you have questions about the impact of these new or updated legislative changes, or any other employment related questions or concerns, please contact Jonathan Adler, Casey Hail, or Melanie Sarver.

Reminder to NY and NJ Employers: Minimum wage adjustments went into effect on Jan. 1st. In NY: As of Jan. 1st, minimum wage rates in NYC, Westchester, and Long Island increased to $16.50 per hour. For the rest of NY State, the minimum wage increased to $15.50 per hour as of Jan. 1st. These adjustments apply to all employers in NY State, regardless of the number of employees. In NJ:?As of January 1st, minimum wage rates in NJ increased to $15.49 per hour for most employees. For tipped employees, the minimum wage increased to $5.62 per hour, with a maximum tip credit of $9.87. The minimum wage for seasonal and small employers with fewer than six employees increased to $14.53 per hour. The minimum wage for long-term facility staff increased to $18.49 per hour. If you have questions about the impact of these new or updated legislative changes, or any other employment related questions or concerns, please contact Jonathan Adler, Casey Hail, or Melanie Sarver.

As we step into 2025, we want to make sure that you are in compliance with both recent and upcoming legislative changes that could impact your business operations. Below, we provide a comprehensive overview of significant legal developments in New York, New Jersey and at the federal level. ? We recommend that employers review and revise their employment policies to ensure compliance. As always, we are here to assist with navigating these changes or to discuss how these developments may specifically impact your business. If you have questions about the impact of these new or updated legislative changes, or any other employment related questions or concerns, please contact Stein Adler employment attorneys; Jonathan Adler, Casey Hail, or Melanie Sarver.

We are excited to announce that Noam Besdin has been named Partner at Stein Adler Dabah & Zelkowitz LLP. The promotion recognizes Noam's track record of successfully navigating complex and high stakes commercial disputes across multiple industries and securing significant victories in state and federal courts, both at the trial and appellate levels, and before arbitral tribunals, across the country.? Noam’s practice emphasizes complex commercial litigation and dispute resolution, with particular focus on real estate and employment issues. He represents a diverse clientele including investment firms, hedge funds, real estate entities, startups, and financial executives in matters involving breach of contract, fiduciary duties, fraudulent transfers, trade secrets, and professional malpractice. Beyond his commercial practice, Noam leads Stein Adler’s Pro Bono Practice, which provides corporate counseling and legal advocacy to support the missions of several organizations. These pro bono clients include Safe Passage Project, which assists undocumented refugee and immigrant children; Welcome to Chinatown, which preserves and supports Manhattan's Chinatown community; and charitable organizations like Let's Do Something, an aid organization funded in the aftermath of the October 7 attacks in Israel.