Managing Partner David J. Heymann Featured in LIBN: How we’ll do in ’22

David J. Heymann, Managing Partner of Meltzer, Lippe, Goldstein & Breitstone, LLP, gave his forecast for the business of law in the Long Island Business News special issue “How we’ll do in ’22.”

He noted: For 2022 I foresee the increase in corporate and real estate transaction that occurred over the last half of 2021 to continue. In addition, as long as interest rates remain low, real estate financing should continue to be active. Potentially offsetting this increase is the growing trend of municipalities and possibly the state to enact “good cause” eviction policies. These policies, which effectively make all multifamily properties rent stabilized, will likely have a negative impact on multifamily property prices as they restrict rent increases which may be needed to enable landlords the ability to recoup their investment. In addition, the uncertainty that surrounds any tax law increases will likely continue to foster the avalanche of estate planning that has occurred over the past 18 or so months. Finally, with the re-opening of courts, I would expect an increase in commercial litigation matters.

Read more: Long Island Business News