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Articles Tagged with COVID-19

Golf course property tax appeal
By David Wolfe, Co-Managing Partner, and Vincent Ferrer, Associate, at Skoloff & Wolfe, P.C. (Livingston, N.J.)

For golf courses and country clubs, property taxes can end up being one of their largest annual expenses. Many have begun considering a challenge to their tax assessments, especially now—in the age of COVID—when revenue from events, member fees, and other sources may have been impacted.

However, just as in golf, there are multitude ways things can go wrong. Here’s what every golf course owner and their membership need to examine before taking a swing at their property tax appeal.

Times of Entrepreneurship logoDavid B. Wolfe, co-managing partner or Skoloff & Wolfe, P.C., was interviewed for a recent article published in Times of Entrepreneurship, an online, multi-industry news source for business owners and entrepreneurs. The article “Rent May Be The Final Blow For Struggling Small Businesses,” reports on the sobering situation brought on by COVID-19 restrictions and their impact on tenants, who cannot make rent, and landlords and property owners who are subject to their own set of financial pressures.

According to Wolfe, most municipalities have not taken affirmative steps to ease the property tax burden on landlords. “Thinking of ways to mitigate the landlord’s costs would enable landlords to forgive or be more lenient with tenants,” he said. The article’s author reports the crisis is building mostly unnoticed as many small businesses hesitate to speak out for fear of angering landlords.

Wolfe argues for more widespread relief such as eviction moratoriums and rent-relief measures for commercial properties, which some state and local governments have initiated but not in a whole-hearted way. Many landlords are doing their part to try and stabilize occupancies. In fact, according to the article, over 75% of landlords have made concessions such as reduced rent, amortized payments and delays in payment. And over 57% made adjustments to the loan length in exchange for loan relief.

By Richard F. Iglar, Esq.

Alimony COVID-19
The COVID-19 coronavirus pandemic has plunged our world into a once in a lifetime crisis–we have not seen anything like this in the United States since the Spanish Flu pandemic of 1918. Many aspects of our society have ground to a virtual halt, and our economy has been decimated. Restaurants, hotels, airlines, manufacturers, small businesses and large businesses alike, are shuttered and at risk of going out of business. Fear of the loss of employment and income is pervasive. How will this pandemic impact one particular family law issue, the issue of the payment of alimony? The divorced individual paying alimony asks, “How can I possibly be expected to pay now?”

Understanding Alimony in NJ & COVID-19

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Please see below for answers to some frequently asked questions, and feel free to reach out to us any time via our contact page or by calling 973-992-0900 for assistance with your legal matter.

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By: Thomas DeCataldo

Divorced parents COVID-19
The ongoing Covid-19 pandemic has caused the tragic loss of life and spurred international panic. Adding insult to injury, the economic impact of this health crisis has thus far been devastating, with stock markets collapsing and many struggling to keep businesses afloat while being unable to work or attempting to do so remotely. As a result of the tumult caused by this virus, divorcing couples and separated parents find themselves attempting to cope with several accelerants to an already stressful situation.

Against this backdrop, in recent weeks many parents questioned the impact of the Covid-19 pandemic on custody and parenting time arrangements, whether entered formally as Court Orders or informally by agreement of the parties. The pandemic presents many hotbed areas for disagreement among separated or separating parents, particularly for those in high-conflict situations.

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