New York Law School AALSA Alumni Lunar New Year Reception

On February 20, 2020, Margaret Ling, AABANY Development Director, hosted the New York Law School AALSA Alumni Lunar New Year Reception at New York Law School. Margaret is a New York Law School Alumni, Class of 1983, and is also a Board Director of the New York Law School Alumni Association. She mentors many of the Asian Law students and took this opportunity to connect them with alumni. The event was also attended by Dean Anthony Crowell and Elizabeth Briand of Development Affairs. Many thanks to AABANY for their support and Nancy Yang, AALSA President and Class of 2020.

AABANY Presents: Lunar New Year Celebration and Networking Event at Chase Bank

On January 28, 2020, Margaret Ling, AABANY Real Estate Committee Co-Chair, hosted and organized the Lunar New Year Celebration and Networking Event at Chase Bank located at 41-22 Bell Bvd, Bayside, New York.

Over 50 attorneys attended the reception. A lovely buffet was served, and entertainment was provided by master paper cutting artist Mr. Hou-Tien Cheng. AABANY’s Real Estate Committee collaborated with the following organizations to present this event: Queens County Bar Association Diversity and Inclusion Committee; KALAGNY; Big Apple Abstract Corporation; Chase Bank; and Forchelli, Deegan and Terrana, LLP. Margaret Ling, who is both the Co-Chair of the AABANY Real Estate Committee and the Co-Chair of the Queens County Bar Association Diversity and Inclusion Committee, will continue to organize these joint collaborative bar events in the near future.

We thank everyone that attended and wish everyone a prosperous Lunar New Year!

AABANY Presents: Understanding Diversity and Inclusion in Our Everyday World

On January 30, 2020, AABANY’s Real Estate Committee hosted a CLE entitled “Understanding Diversity and Inclusion in Our Everyday World.” The CLE and networking event took place at Hanover Bank in Flushing Commons in Queens, and over 25 attorneys attended.

The panel discussion covered all the basics of diversity and inclusion in the workplace and its relevance to the legal profession. The speakers included AABANY’s very own William Ng, Shareholder at Littler,  and Shirley W. Bi, Associate at Littler. Margaret Ling, AABANY Real Estate Committee Co-Chair, moderated the event. Attendees received 1 credit in Diversity, Inclusion and Elimination of Bias.

Many thanks to our sponsors, John Pollock and Jimmy Lee, both of Hanover Bank, Littler, Big Apple Abstract Corporation, KALAGNY, and the Queens County Bar Association. To learn more about the Real Estate Committee, go to https://www.aabany.org/page/120 .

Margaret Ling Receives Award for Outstanding Leadership in the Defense of Legal Rights & Exemplary Community Service

On the evening of December 3, 2019, Margaret Ling, AABANY Development Director and Co-Chair of the AABANY Real Estate Committee, was the proud recipient of the Award for Outstanding Leadership in the Defense of Legal Rights & Exemplary Community Service. The award was given to Margaret by the Brooklyn Real Estate Board at their Annual Holiday Party & Community Recognition Awards Presentation. Margaret is a Member of the Advisory Board of Directors.

Margaret is pictured below with her award and with her colleagues Ashvini Persaud, Senior Business Banker of Capital One (left) and Sara Golan, Associate Broker, Nest Seekers International: The Serhant Team (right).

Join us in congratulating Margaret on this well-deserved honor and recognition.

AABANY Presents: Understanding Opportunity Zones and 1031 Exchange Deferrals

On November 14, 2019, the AABANY Real Estate Committee presented a CLE and networking event entitled “Understanding Opportunity Zones and 1031 Exchange Deferrals.” The CLE program was presented by John J. Lee, Esq, Vice President and Account Executive of IPX 1031. Margaret Ling, Co-Chair of the AABANY Real Estate Committee moderated the program. Thanks to our sponsors: Xavier Wong of First Republic Bank, KALAGNY, and  Big Apple Abstract. John Lee discussed the basics and the differences between the 1031 Exchange Program and the Tax Deferral Structures provided by Qualified Opportunity Zones. In the photo, from left to right: Margaret Ling, Co-Chair of AABANY Real Estate Committee; Qili Li, MD; John Lee of 1031 Exchange; George Xu of Century Development LLC; Larry Litwack of Big Apple Abstract Corp.

AABANY Presents: Real Estate Fraud and Cyber Security

On October 28, 2019, the AABANY Real Estate Committee presented a CLE program entitled “Real Estate Fraud and Cyber Security.” The CLE and networking event took place at Anchin Block & Anchin LLP at its Manhattan Headquarters. The event was attended by over 50 attorneys and CPAs. Special thanks to the sponsors: Anchin Block & Anchin LLP; Big Apple Abstract Corp; KALAGNY; Capital One; SDL & GHS Insurance Agency; Ingram, Yuzek, Gainen, Carroll & Bertolotti LLP; Ganfer, Shore, Leeds & Zauderer LLP; Anchin Digital Risk Solutions. Pictured from left to right: Amol Pachnanda, AABANY Real Estate Committee Co-Chair; Russell Safirstein, Partner, Anchin Digital Risk Solutions; Margaret Ling, AABANY  Real Estate Committee Co-Chair; Ashvini Persaud, Capital One; Daniel Jacoby, SDL & GHS Insurance; Benny Liu, CPA, Anchin; Larry Litwack, Big Apple Abstract; Jason Ganfer, Ganfer, Shore, Leeds & Zauderer LLP.

Congratulations to the Network of Bar Leaders

AABANY extends its congratulations to the Officers and Executive Council of the Network of Bar Leaders. They were installed on August 20, at the New York County Lawyers Association, in a ceremony officiated by Associate Judge of the New York State Court of Appeals, Hon. Paul G. Feinman. AABANY is a proud long-standing member of the Network of Bar Leaders.

AABANY’s own Board Officer, Margaret Ling, began the evening by welcoming everyone to NYCLA. Immediate Past President of the Network of Bar Leaders, Bridgette Y. Ahn (also a member of AABANY) introduced Judge Feinman. Judge Feinman swore in all the Executive Council members, including Margaret and Bridgette, followed by the Officers, and after them, Judge Feinman swore in Meredith Miller as President.

A reception followed the installation, at which all attendees got to congratulate Meredith and the newly installed Officers and Executive Council members. Attendees also had the opportunity to take photos with them and enjoyed networking over delicious Chinese food as well as wine and refreshments. Thanks to Margaret for all her hard work planning and organizing the reception.

For some great photos from the event, check out the album here.

Congratulations to Meredith Miller on Being Elected as President of the Network of Bar Leaders

AABANY congratulates Meredith Miller, member of the LGBT Bar Association of Greater New York , and Founder of Miller Law, PLLC, on her election as President of the Network of Bar Leaders for the upcoming year. Many congratulations for the rest of the elected leadership as well. AABANY is a proud member of the Network of Bar Leaders, and we are pleased to recognize Margaret Ling, AABANY’s Director of Development, as a member of the Network of Bar Leaders’ Executive Council.

Congratulations to Bridgette Ahn, Immediate Past President of the Network of Bar Leaders, for a spectacular year as President. We are proud to count her as an AABANY member!

President
Meredith R. Miller
Member Organization: LGBT Bar Association of Greater New York  

First Vice President
Yacine Barry-Wun 
Member Organization: New York Women’s Bar Association

Second Vice President
Eve GuillerganMember Organization: Korean American Lawyers Association of Greater New York

Treasurer
Michael Kohan 
Member Organization:  Queens County Bar Association

Recording Secretary
Edwina F. Martin 
Member Organization: Staten Island Women’s Bar Association

Corresponding Secretary
Denisse Mira  Organization: Hispanic National Bar Association 

Executive Council
Gloribelle Perez, Dominican Bar Association 
William F. Dahill, Federal Bar Association
Domenick Napoletano, Brooklyn Bar Association
Ron Katter, Jewish Lawyers Guild
Margaret Ling, Asian American Bar Association of New York 
Jason Clark, Metropolitan Black Bar Association Hon. Jeffrey Levin, New Rochelle Bar Association  
Tanya Blocker, Association of Black Women Attorneys   
Bridgette Y. Ahn, Immediate Past President (Mandatory Position)

AABANY Co-Sponsors: Trends in Long Island Real Estate Development – IDA Zoning and Land Use

On April 11, 2019, the AABANY Real Estate Committee successfully presented a CLE and networking event entitled “Trends in Long Island Real Estate Development – IDA Zoning and Land Use.” Over 60 attorneys and real estate professionals were in attendance. The event was held at the Omni Building in Uniondale and was co-sponsored by AABANY, KALAGNY, Forchelli Deegan Terrana, Flushing Bank, and Big Apple Abstract Corp.

The panelists were:

  • Margaret Ling, AABANY Development Director and Real Estate Committee Co-Chair
  • Daniel Deegan, Partner at Forchelli Deegan Terrana
  • Kathleen Deegan Dickson, Partner at Forchelli Deegan Terrana
  • Rose Liu, Director of Finance & Research at Colliers International
  • Herbert Agin, CEO of Colliers International

The speakers led an insightful discussion on the following topics: title insurance, the key facets of Industrial Development Agencies (IDA) in Nassau and Suffolk County, zoning, variances, and municipal regulations in Long Island and how they have a significant impact on the success of real estate projects.

In addition, Rose Liu discussed the latest statistics involving real estate development projects in Long Island and Herbert Agin shared the latest updates on the Lesso Holdings development project in Westbury, Long Island.

The key takeaway of the event was that there are a lot of real estate development opportunities for investors in Long Island, but for the project to be successful, you need to have the right people on your team to navigate the rules and regulations surrounding real estate developments.

AABANY CLE: Selling and Purchasing Real Property from an Estate

On Wednesday, April 3, 2019, Margaret Ling, AABANY Development Director and Real Estate Committee Co-Chair, and Pauline Yeung-Ha, Pro Bono Committee Co-Chair, presented a CLE and networking event entitled “Selling and Purchasing Real Property from an Estate.” The event was hosted by Flushing Bank at their Astoria branch and was co-sponsored by AABANY, KALAGNY, and Big Apple Abstract Corp.

Margaret and Pauline discussed the importance of doing your due diligence when selling or purchasing real property from an estate. They shared horror stories of clients trying to cut corners and scam the system. One story involved a separated husband and wife, where the wife claimed that the husband had passed away and tried to rush the closing on the sale of their house. After some investigation, it was discovered that the husband was alive and well in Greece. The moral of the story was that as real estate attorneys it is imperative to not blindly trust surrogates and extremely important to demand proof of death to prevent future liability and to protect your license.

Margaret and Pauline also discussed the tax implications and other liabilities that accompany the different types of estate structures, which included Joint Tenancy, Tenants in Common, Tenants by the Entirety, Life Estates, and Trusts. They advised that practitioners can save themselves a lot of trouble by taking the time to do their due diligence and by speaking to title companies.

We thank Flushing Bank and its staff for hosting the CLE panel for the evening. Thanks also to the speakers and everyone that attended. One CLE credit in the area of professional practice was awarded to attendees. To learn more about the Real Estate Committee, go to https://www.aabany.org/page/120.