On May 4, City & State published their 2026 Asian Trailblazers List. As stated in the article:
City & State’s annual Asian Trailblazers highlights many of the high-ranking Asian Americans who are on the rise in New York. The list, researched and written in partnership with journalist Natasha Ishak, features trusted advisers to politicians such as Gov. Kathy Hochul, Assembly Speaker Carl Heastie and U.S. Sen. Chuck Schumer. It includes behind-the-scenes political consultants and policy strategists shaping the direction of New York. And it spotlights advocates and activists who are improving daily life in Asian American communities – and for all New Yorkers.
City & State New York
AABANY is proud to congratulate five of its members who were named to this year’s list.
On June 26th, 2025, at JP Morgan Chase Bank in Bayside, AABANY’s Real Estate Committee hosted their “What’s Happening in Queens” networking event, which brought together a variety of people interested in making meaningful connections in the Queens real estate scene. As people entered, they were encouraged to leave their business cards and enter a raffle whose winners would be announced later that night. Lucky attendees would win goodies such as AmTrust umbrellas, blankets, or water bottles. There was a light buffet set up on the main space of the bank, allowing people to converse while eating an assortment of Italian and Chinese dishes.
Approximately 25 attendees were able to forge new connections with each other and reconnect with old friends. Those with an established presence in the Queens real estate scene were able to enlighten emerging professionals with advice on their future career paths through explaining their own journeys and current professions. Professionals specializing in various sectors, from real estate insurance law to real estate capital management, were able to network and converse.
The event featured a fireside chat with Thomas Grech, President & CEO of the Queens Chamber of Commerce, and George Xu, the President of Century Development Group LLP, moderated by Real Estate Committee Co-Chair Margaret Ling. Tom shared some remarkable stats about Queens, and most notably mentioned that Queens is considered one of the most diverse urban areas in the world. Tom talked about new developments in real estate happening in Queens, such as the new casino and soccer stadium being built in Queens near Citi Field. Tom also talked about how the Queens Chamber of Commerce is now the most diverse chamber in New York. Tom spoke highly of his diverse staff which speaks 18 languages, and how they help communicate with small business owners. Margaret praised Tom for how he helped small business people especially during the pandemic.
Margaret then turned to George, who is behind the exciting opening and development of multiple new hotels in the heart of Flushing. George talked about opening hotels such as The Westin Flushing LaGuardia Airport and the Four Seasons by Sheraton Flushing. He also talked about how the opening of these hotels would help local businesses by economically revitalizing the area.
Margaret concluded the fireside chat by thanking everyone for coming out and encouraging people to network afterwards. Tom and George thanked Margaret for the talk and for giving back to the community. Margaret, aside from her position at AmTrust as New York State Underwriting Counsel, helps teach underprivileged kids golf at First Tee in New Jersey. She emphasized that her most important motivator was teaching kids how to be good people, which is her way of “giving back to the next generation.”
Margaret then announced the raffle winners to the eagerly awaiting audience. Afterwards, attendees continued chatting, networking, and enjoying food.
Thank you to AmTrust Title Group, JP Morgan Chase Bank, and the Korean American Lawyers Association of Greater New York (KALAGNY) for co-sponsoring this event. Thank you to Margaret Ling and the Real Estate Committee Co-Chairs for organizing this event. To learn more about the Real Estate Committee go here.
AABANY congratulates Margaret Ling on her New York State Bar Association (NYSBA) member profile published on July 25, 2022. Focusing on her career path and the importance of promoting diversity, equity, and inclusion, the member profile speaks to the necessity of making progress against discrimination in the legal profession.
Margaret noted that “women and people of color are [still] not making partner and leaving prestigious firms after 20 years of service.” Discussing her personal experiences with racism and sexism in the field, Margaret stated, “now I mentor young lawyers because there was no one there to help me. I tell them that you have to speak up for your work and fight to be recognized for it.” Read more here.
NYSBA was founded in 1876 and currently has a membership base of over 70,000 individuals, with its headquarters in Albany, NY.
On August 3, the AABANY Real Estate Committee presented a “Cannabis Law and Real Estate” CLE, which explored the current state of real estate in New York State, within the context of recent cannabis legalization and a growing cannabis industry. Real Estate Committee Co-Chair Margaret Ling moderated the webinar, welcoming four speakers to introduce and explain current cannabis law and real estate practices, before opening the floor for a Q&A session.
Kristin Jordan spoke first, giving a broad overview of New York State’s adult use cannabis bill, the Marijuana Regulation and Taxation Act (“MRTA”), which was passed on March 31, 2021. Kristin is the Executive Director of Asian Cannabis Roundtable, a NYC-based professional networking community for those engaged in the cannabis industry, and Founder of Mannada. She explained how the bill positioned the state’s new cannabis regulatory body under the State Liquor Authority, because developing an entirely new agency would take too long. The new body comprises three agencies, the Office of Cannabis Management, the Cannabis Control Board, and the Cannabis Advisory Board. She also enumerated the different kinds of cannabis licenses available under the MRTA:
Cultivator,
Processor,
Cooperative (non-profit),
Distributor,
Retail,
Microbusiness,
Delivery,
Nursery, and
On-site consumption.
In terms of New York real estate, Kristin noted that cannabis legalization and its budding industry would exact the most tangible effect on leases for retail stores, warehouses, and distribution facilities, because they provide the brick and mortar for cannabis businesses. Finally, she emphasized that since cannabis legalization is so recent, cannabis law and best practices promise a steep learning curve, with so much uncharted territory.
Steve LaFredo, Chief Banking Officer at Piermont Bank, discussed cannabis and real estate specifically as it relates to banking. He emphasized that “banks are safety, soundness, and risk organizations first”; in other words, banking is a slow industry, and it would take time for banks to adapt to the growing cannabis industry. He underscored the difficulty of navigating often differing state and federal law when dealing with cannabis businesses, though he noted that New York State has been relatively progressive, as the first state to create cannabis banking guidelines under the Department of Taxation and Finance. These guidelines aim to preserve the safety, soundness, and security of businesses involved with cannabis. Steve explained that in states that have legalized cannabis, the banking industry tiers cannabis businesses into 3 categories: Tier A, those with direct contact (e.g. growing, producing, selling); Tier B, those that derive more than 25% of their business from the cannabis space; and Tier C, those that derive 25% or less of their business from the cannabis space. Banks are most likely to be receptive to working with Tier C cannabis businesses.
Since they lie precariously between state and federal regulators, most banks have a zero tolerance policy for cannabis. Disclosure and transparency are critical for finding a financial institution with which cannabis businesses can safely operate; smaller, private banks and credit unions will be most likely to open their doors to cannabis businesses. Unfortunately, cannabis businesses are still largely relegated to cash transactions, and since mechanisms for depositing and delivering cash are scarce and expensive, banks are hesitant to get involved. After the federal decision to stand down in states that have legalized cannabis, however, banks have slowly begun entering the cannabis space. Steve expressed optimism about the future of cannabis banking.
Kathleen Deegan Dickson and Danielle Tricolla of Forchelli Deegan Terrana spoke last, focusing on the role of the law firm in the cannabis space. Kathleen is a Partner and Co-Chair of the Cannabis Group at Forchelli Deegan Terrana, and Danielle is an Associate and Co-Chair of the Cannabis Group at Forchelli Deegan Terrana. They underscored the importance of “knowing what you don’t know,” since cannabis legalization not only means new legislation but also changes to existing legislation. Specifically, cannabis legalization involves changes to Public Health Law, Penal Law, Criminal Procedure Law, Civil Practice Law and Rules, Labor Law, Vehicle and Traffic Law, and General Business Law. Like Steve, they touched on the interplay between state legalization and federal prohibition of cannabis. Devoting special attention to law firm clients interested in cannabis, they explained that “cannabis law” is a multidisciplinary practice area, since it affects real estate transactions, leasing, land use, zoning, banking, labor, and employment, among other areas.
The intersection of cannabis law and real estate presents a new and exciting business area, and AABANY thanks the Real Estate Committee Co-Chairs Margaret Ling, Wendy Yu, and Jane Chen for putting together such an informative and current event. To learn more about the Real Estate Committee, visit https://www.aabany.org/page/120.
On May 26, Margaret T. Ling appeared as a guest on Attorney Kenneth Landau’s Radio Show Law You Should Know to discuss “Diversity in Law.” Margaret, who currently serves on AABANY’s Board as Development Director and has been serving for many years as Real Estate Committee Co-Chair, touched on the importance of racial diversity on the bench and the resources AABANY provides for Asian Americans in law. In response to Landau’s questions, Margaret explained that she values AABANY for its advocacy work, given her own experience as a pioneer in the field of law, as one of only three Asian law students in her class. Margaret stressed that AABANY provides a beneficial space for networking and mentorship, for local and international students alike, as well as a Pro Bono & Community Service Committee and Legal Referral and Information Service that’s well-equipped to aid non-English speakers with its volunteers fluent in diverse Asian languages. Over her career, Margaret has witnessed progress regarding diversity in law, but she notes that the “Bamboo ceiling” continues to prevent Asians in law from achieving partnership or other higher-ranking roles. Now, she fondly mentors thirty students, advocating for diversity in law, in addition to her impressive case load.
On June 2, 2021, AABANY co-sponsored New York County Lawyers Association’s (NYCLA’s) AAPI Heritage Month Celebration. The event was hosted by NYCLA’s Asian Practice Committee which AABANY Board Member Margaret Ling co-chairs. Congresswoman Grace Meng was awarded the 2021 NYCLA AAPI Trailblazer Award for all of her civic duty to the AAPI Community. In her keynote speech, she stressed how important it was for all of us to continue to work together and educate others about anti-Asian hate and racism. Attendees applauded the Congresswoman for her dedication and hard work in co-authoring the COVID-19 Hate Crimes Act and securing its passage. Those in attendance also applauded the installation of Vincent Chang, the first AAPI President of NYCLA. He vowed to continue to uphold NYCLA’s focus on sustaining the rule of law including the importance of practicing diversity, equity and inclusion in furtherance of fairness and justice for all.
Congratulations to Congresswoman Meng on her award, and we wish Vince much success during his tenure as NYCLA President.
In honor of Asian American and Pacific Islander Heritage Month, the Asian Columbia Alumni Association (ACAA) is featuring prominent Asian alums and honoring their contributions to Asian and Pacific Islander communities in North America. In the May 2021 Newsletter, ACAA featured AABANY Board Member and Real Estate Committee Co-Chair Margaret Ling (Barnard College ’78) for her actions in speaking up against anti-Asian hate crimes and educating others to respect the AAPI community. In the feature, Margaret is quoted:
“Since 2020, Asian American Pacific Islanders (AAPI) have been intensely affected by the COVID 19 pandemic, the killing of George Floyd and the Black Lives Matter movement, and recently the Atlanta, Georgia killings. Throughout this time, the AAPI community has been faced with racism, xenophobia and anti-Asian hate crimes and violence. As an AAPI attorney and Fourth Generation American Born Chinese, I have been active in speaking up and speaking out with other Asian and ally organizations to educate others to respect the AAPI community and afford all of us equity, fairness and just treatment under the law. We are all Americans and are rooted in our immigrant and cultural heritages which make us stronger together.”
Please join AABANY in congratulating Margaret on her recognition by the Asian Columbia Alumni Association for her work in supporting the AAPI community!
On April 20th, 2021, AABANY Board Officer Margaret Ling was a speaker at the New York Law School Community Day Symposium entitled “The Pandemic and Structures of Inequality and Racism.” Margaret was invited by New York Law School faculty members, Professors Ann Thomas and Penelope Andrews. Margaret focused on Racism and the Law and specifically how Asian lawyers are stereotyped by the Model Minority Myth. She highlighted and discussed the recent findings and recommendations from the AABANY/Paul, Weiss report: A Rising Tide of Hate and Violence Against Asian Americans in New York During Covid-19. The discussion was engaging and informative for all of the New York Law School faculty and law students. Margaret is a New York Law School alumna (Class of 1983) and a Board Director of the New York Law School Alumni Association.
Margaret Ling, AABANY’s Officer, Director of Development, and founder and co-chair of the Real Estate Committee, was featured in a New York Law Journal article about the New York State Bar Association’s Women in Law panel held on January 26, 2021.
About midway through a New York State Bar Association panel on the challenges of retaining and advancing women attorneys, Margaret Ling, a veteran real estate lawyer, told the story of how she’d once toiled for months on an important matter only to be told by her male superior before a vital, well-attended matter meeting that “you are to sit there and you are to say nothing.”
On Monday, January 4, 2021, AABANY’s Student Outreach Committee hosted its first virtual Mock Interview Workshop in collaboration with Columbia Law School APALSA, AABANY Career Placement Committee, and the Columbia Law School Alumni Association. The event was part of the Student Outreach Committee’s pre-OCI series, held to prepare students for the interviews during a time of great uncertainty. 90 students from various law schools in and outside of New York received mock interviews and OCI advice from over 40 practitioners, public servants and general counsels from diverse backgrounds.
Prior to the workshop, Columbia Law School APALSA initiated the pairing of students and attorneys according to their availability and shared practice interests. Once the student-attorney pairings were solidified, students connected with attorneys via email. This advance preparation made for a smooth and timely transition to the event.
The workshop began promptly at 6:00 PM with a panel discussing interview tips, dos and don’ts, and Zoom etiquette. The panel, moderated by Margaret Ling, AABANY’s Development Director, featured esteemed speakers Rudy Carmenaty, President of the Columbia Law School Alumni Association, and Yen Chu, Secretary of the Columbia Law School Alumni Association. An OCI tip sheet carefully prepared by the members of the Student Outreach Committee was circulated to the students for review prior to their mock interviews. Starting at 6:30 PM, students met with their paired attorneys for one-on-one 30-minute mock interview sessions through the Remo platform and received invaluable feedback. Many students and attorneys expressed how beneficial the event was and that they appreciated AABANY for organizing such an event where attorneys could pay it forward and students could gain unique interview experiences from well-regarded practicing attorneys and public servants. One student, Eleen Zhou, a 2L from Cornell Law School, commented that she found the mock interview extremely helpful in preparation for the OCI season. Despite a few technical difficulties, members of the Student Outreach Committee worked diligently and promptly to ensure that no attorney or student was left without a mock interview opportunity.
The Student Outreach Committee would like to thank the participating attorneys for generously contributing their valuable time to help our students practice their interview skills. For students entering the interviewing season, best of luck! Please do not hesitate to reach out if AABANY’s Student Outreach Committee can ever be a resource for you. For more information about the Committee go to https://www.aabany.org/page/121
