Herman Katz Cangemi & Clyne, LLP represented a Fortune 500 and Real Estate Investment Trust on four (4) office buildings located in Central Westchester County. Kevin Clyne and Warren Dubitsky, after protracted pre-trial litigation, secured assessment reduction in the 38-55% range, resulting in refunds and savings of approximately $11,000,000.
Jay Herman and Jacquelyn Mascetti successfully retried the valuation of a nationally and world ranked Long Island golf club. The trial resulted in an approximately 60% reduction in assessment in the last year decided by the Court. The assessment in the last year of the trial was reduced from $4,379,500 to $1,792,868 and represents a reduction in market value from $28,438,312 to $11,642,000. The trial involved issues of land use planning, State Environmental Quality Review Act and other legal and appraisal issues. Taxpayer’s experts were golf course appraiser, Jeffrey R. Dugas, MAI, SGA of Wellspeak… Read more »
Jay Herman and Jennifer Hower represented a Long Island Regional Mall on behalf of a National Real Estate Investment Trust. After exchanging trial appraisal reports and right before trial, Jay and Jen reached a settlement with the Taxing Authority resulting in a tax refund of over $10.5 million dollars.
Jay Herman is Co-Chair of the Suffolk County Bar Association Condemnation and Tax Certiorari. As Co-Chair, Jay has instituted a number of novel programs including a joint educational program with the Long Island Chapter of the Appraisal Institute. One such program was a very successful mock tax certiorari trial. The Committee and the Chapter were cited by the National Appraisal Institute for the presentation of an outstanding and innovative program.
Jay Herman will be speaking on “Appraiser Selection” at the Institute for Professionals in Taxation’s (IPT) annual meeting in San Antonio, Texas this June.
Jacquelyn Mascetti will be honored at the Stars Under 40 Awards and Networking event sponsored by Schneps Communications on March 21, 2019. This event recognizes outstanding New York City businesspersons, bankers, attorneys, developers and entrepreneurs under the age of 40.
HKCC Partner Jennifer Hower presented before the 2018 IPT (Institute for Professionals in Taxation) Property Tax Symposium, at the Hyatt Grand Cypress in Orlando, November 4-7, 2018. Jen addressed some of the issues facing women professionals in property tax. She handled it with her usual professionalism, and spoke to a packed room to rave reviews. IPT is the premier national organization of professionals working in issues of state and local taxation.
HKCC Partner Robert S. Katz will be installed as the 2018 President of the New York Real Estate Tax Bar Association (RETBA) at its annual dinner at the Yale Club on January 29, 2018. Bob will be the bar’s point person in dealing with the NYC Department of Finance , the NYC Tax Commission and the City Law Department on property tax issues . The 65 attorney members of the Real Estate Tax Review Bar Association advise and represent New York City taxpayers with respect to property taxes, property tax appeals (tax certiorari), property tax… Read more »
Jay M. Herman, Esq., CRE, will be speaking at the Institute for Professionals in Taxation’s (IPT) Property Tax Symposium to be held November 7, 2017 at Indian Wells, California. Jay will be speaking on “Advanced Litigation Skills”.
Effective January 1, 2017, Jay Herman, Robert Katz, Andrew Cangemi, and Kevin Clyne are pleased to announce that Jennifer Hower is now a partner in the Firm.