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.
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.
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.
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.
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)
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.
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.
On March 6, 2019, Margaret Ling, AABANY Co-Chair of the Real Estate Committee, presented the CLE entitled “Real Estate Fraud – Red Flags and War Stories” The CLE networking event took place at Knights of Columbus in Brooklyn and was co-sponsored by AABANY, KALAGNY, Northfield Bank and the Brooklyn Real Estate Board.
Thanks to Margaret Ling for the write-up and photo for this post.
On Friday, March 1, 2019, Margaret Ling, AABANY Development Director and Co-Chair of the AABANY Real Estate Committee, attended Governor Andrew M. Cuomo’s State of the State 2019 NYC Region Presentation. The meeting was by invitation only and was in collaboration with the Network of Bar Leaders. Margaret is on the Network of Bar Leaders Executive Council and is the AABANY representative on that Council. The meeting was presented by Alphonso David, Counsel to the Governor and past AABANY Annual Dinner Honoree. Alphonso spoke about the specifics of the Governor’s upcoming 2020 New York State Budget and the priorities of education, housing, health and hospital, and environmental issues.
Thanks to Margaret Ling for the write-up and photos for this post.
On Thursday, January 24, 2019, Don Liu was featured as the Keynote Speaker at the Fourth Annual Alumni of Color Event of Columbia Law School. The event took place at the Intercontinental Barclay Hotel in Manhattan and was attended by over 200 Columbia Law School Alumnae.
Don spoke of the challenges of being an APA Attorney and In House General Counsel. He praised all of the pioneering efforts of NAPABA and AABANY to support and encourage the future careers of many APA law students and attorneys.
Of greater importance was
how he inspired the audience with what Diversity and Inclusion meant to
him and how important it was to embrace it.
We thank Margaret Ling, AABANY’s Director of Development and Co-Chair of AABANY’s Real Estate Committee, for providing the photos and write up for this post.