David Wolfe, Esq., co-managing partner of Skoloff & Wolfe, P.C., in February hosted six leaders in the hospitality space for a discussion about the current state of affairs in the hotel business in the age of COVID, and importantly what they see for the future once the pandemic is brought under control. The webinar, titled… Read more »
Impact of COVID-19 on property tax assessment appeals and valuations discussed. The Hotel Owners Academy of the Asian American Hotel Owners Association (AAHOA) invited David Wolfe, Skoloff & Wolfe, P.C. co-managing partner, to share his insights regarding the impact of the pandemic in depressing hotel valuations, as well as strategies for preparing for property tax… Read more »
When it comes to calculating property taxes on hotels, few taxing jurisdictions fairly distinguish the taxable value of the real estate from FF&E and good will. Consequently, hotels can be paying significantly more in hotel property tax than what is fair. Appearing on a panel at the BISNOW Hospitality Investment, Development & Management Summit in… Read more »