What’s the current status of commercial property values in New York City?

43% of the city’s real estate executives say that commercial property values will continue to rise, while 31% say they have peaked and will hold; 17% agree they’ve peaked but they will decline. 

Read the full report from our latest Gotham Commercial Real Estate Monitor, our periodic survey of New York’s commercial real estate industry professionals. 

Partnership Audit Rules Revised Under 2015 Budget Act 

As a result of revised rules under the 2015 Budget Act, audits of master limited partnerships, investment funds and other business entities organized as partnerships are likely to increase. More importantly, given the significant operational impact of the new audit rules, many partnership agreements will need to be reviewed and amended. Click here to read our detailed report.

New Audit Rules Webinar: Join Mark R. Baran, JD, LL.M, of Marks Paneth and Farrell McManus, JD of the New York Law Journal for a special CLE-accredited webinar on Wednesday, February 17 at 1:00 p.m. ET. Click here to register.

Marks Paneth Re-Elects Harry Moehringer as Managing Partner

Marks Paneth LLP has announced that its partnership has re-elected Harry Moehringer as the firm’s Managing Partner.

In this role, Mr. Moehringer will continue to execute the firm’s growth strategy – focusing on strategic acquisitions, organic growth and deepening the depth and breadth of talent to build on the firm’s legacy of delivering the highest quality services in the areas in which it practices. 

Read the press release here