LLC disclosure
Started by ximon
over 7 years ago
Posts: 1196
Member since: Aug 2012
Discussion about
'/%3e%3c/g%3e%3c/svg%3e)
An interesting Real Deal article about a proposed change in NYS law to increase disclosure of LLC members. https://therealdeal.com/2017/09/25/state-senator-wants-to-reveal-whos-behind-llcs/ If passed, this law and other initiatives such as further crackdowns on airbnb units and a pied-a-terre tax, may have a detrimental impact on residential real estate in New York, especially for luxury units purchased by foreign interests. Or is this already baked into the demand side of the equation?