Graphic of article titled "Judgment entered in Akkawi, et al. v. Sadr, et al.” by James S. Sifers, Esq., from Madison Law

Reduce Taxes By Investing In Qualified Opportunity Zones And Like Kind Exchanges

The Commodore Hotel Revitalizes New York City’s Grand Central Neighborhood In 1976, New York City (“City”) was bankrupt and crime-ridden.  While City residents and businesses fled to avoid the City’s crisis, The Trump Organization and the Hyatt Corporation (collectively the “Partners”) bought the 25-story, 60-year old Commodore Hotel (“Hotel”) on 42nd Street near Grand Central Railroad Station in a run down and dangerous neighborhood. To induce the Partners to invest […]