Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Ficara & Associates, P.C., Lawyer & Law Firm, 155 Pinelawn Rd, Ste 220S, Melville, NY.
Operating as usual
Anthony Ficara has signed on to ride 300km (186mi) during the month of October to benefit the Challenged Athletes Foundation.
Our newest partner, Laura Shockley, is featured on this weeks Movers & Shakers list in the Long Island Business News. Click on the link below to see the current Movers & Shakers list.
We are pleased to announce that Anthony J. Ficara has been selected as the Associate Member of the Year for the Queens Bronx Building Association ("QBBA"). Each year the QBBA presents an Associate of the Year Award to a member that has gone above the call of duty and provided invaluable services to the Association. Anthony has been a member of the QBBA since 2005 and has served on the board of directors for the past six years. Mr. Ficara was honored this past weekend at the QBBA's annual holiday dinner and awards gala.
Ficara & Associates, P.C. is pleased to announce that Michael Wickersham has joined our firm as Of Counsel.
Michael concentrates his practice on the representation of private companies and emerging businesses with respect to business law and transactional matters. Michael's business and transactional experience includes entity creation, corporate governance, fund raising, mergers and acquisitions and he also specializes in providing advice to clients on trademark and copyright matters that affect their businesses.
Michael is experienced in commercial and residential real estate matters and has represented lending institutions in the financing of both commercial and residential properties.
"Having Michael join our firm strengthens and expands our ability to serve the growing needs of our clients, allowing us to be by their side every step of the way", said founder and managing partner Anthony J. Ficara.
Ficara & Associates. P.C. is a full service law firm practicing in the areas of condominium and cooperative law; real estate transactions; commercial litigation; construction law; labor and employment law; trademarks and copyrights; business and corporate law.
Thank you for the continued confidence you have placed in Ficara & Associates, P.C. We look forward to many more years of providing you with exceptional service.
We found this article from the Long Island Business News of interest and would like to share it with you. US homebuilder confidence held steady in November, although many are worried another fight over the federal budget could cause would-be buyers to put off home purchases as a result of our recent 16-day government shutdown. Some buyers found it hard to close on their mortgages due to the shutdown in October. David Crowe, the NAHB’s chief economist, stated that “Policy and economic uncertainty is undermining consumer confidence.”
libn.com The National Association of Home Builders/Wells Fargo builder sentiment index released Monday stayed at 54 this month.
We are pleased to announce that Laura L. Shockley has joined our firm as a Partner specializing in the areas of employment, labor and commercial litigation.
"Laura is a fabulous addition", said founder and managing partner Anthony J. Ficara. "Ficara & Associates, P.C. strives to provide the services our clients need to thrive in today's business environment, which includes adding depth to our employment law practice, to assist our client's businesses every step of the way. Adding talented attorneys, such as Laura, strategically helps accomplish this goal".
Ficara & Associates, P.C. is a general practice law firm concentrating in the areas of condominium and cooperative law, real estate transactions, commercial litigation, construction law, labor and employment law and corporate law.
Laura is an accomplished litigation attorney who focuses on employment and labor law and commercial matters. She has successfully represented management in connection with employment matters involving claims of discrimination, sexual harassment, retaliation, workplace violence, breach of contract and non-compete agreements, wrongful termination and wage and hour violations. She also represents clients in complex commercial litigations involving partnership disputes as well as housing discrimination actions and lawsuits under the Americans with Disabilities Act.
Laura counsels employers with respect to employment policies, practices and procedures designed to prevent workplace issues and limit exposure. She also prepares employee handbooks and policies along with employment, non-compete and separation agreements on behalf of employers.
Laura was named among the 50 Most Influential Women in Business for 2012 by Long Island Business News.
You can reach Laura by calling our offices at 631.237.4917 or email [email protected].
We found this article of interest and would like to share it with you. Despite the residential home vacancy rate holding steady from last year, the new inventory crunch keeps getting worse. Trulia’s chief economist Jed Kolko has stated that the high vacancy rate was acting as a deterrent to homebuilders and hence was impeding the housing recovery. Please click on the link for the full story.
therealdeal.com Despite the vacancy rate holding steady from last year, the inventory crunch keeps getting worse, according to a report from real estate listings site Trulia.
We found this article of interest and would like to share it with you. According to RealtyTrac, the number of homes being foreclosed went up this year from just one year ago. A representative of Laffey Fine Homes said that Hurricane Sandy may have had an effect on this outcome since it was a problem for many to retrieve insurance money to rebuild their homes.
libn.com Foreclosure activity in the first nine months of 2013 is up 28 percent in Suffolk County and 24 percent in Nassau from a year ago, according to RealtyTrac.
We found this article of interest and would like to share it with you. A mandatory 30% down payment for borrowers? Compared to the original 20% plan proposed two years ago, this can in fact prevent more Americans from being homeowners. Many oppose this plan such as David H. Stevens, president and CEO of the Mortgage Bankers Association, who says “we plan to be very clear and very vocal” in fighting its final adoption. What are your thoughts on this matter?
therealdeal.com QRM-Plus would require 30 percent down or more for purchasers.
We found this article of interest and would like to share it with you. In September, the average price for homes on Long Island has increased 25% over last year. It appears, however, that the number of listings for homes compared to last year has decreased slightly.
libn.com Pending sales of Long Island homes jumped 25 percent in September as compared with a year ago, according to the latest numbers from MLSLI.
We found this article of interest and would like to share it with you. Blumenfeld Development Group has sold half of its 66 percent stake in the Tanger Outlets in Deer Park to Tanger Factory Outlet Centersfor $27.4 million in cash and stock. BDG signed a put/call agreement that allows Tanger to acquire the entire center in the future. Prior to the acquisition, Tanger and BDG refinanced the center’s debt with a $150 million, five-year mortgage. Steven Tanger, president and CEO said in the statement “We are pleased to increase our ownership in the Deer Park property. This well-occupied property is currently a traffic leader and generates sales above the portfolio average." Tanger in Deer Park has 96 outlet stores, 10 restaurants and a 16-screen movie theater. Please click on the link below for the full story.
libn.com Syosset-based Blumenfeld Development Group has sold half of its 66 percent stake in the Tanger Outlets in Deer Park to Tanger Factory Outlet Centers.
We found this article of interest and would like to share it with you. The residential foreclosure rate on Long Island has vastly increased over the past year. In Suffolk County, the rate rose by 73 percent and in Nassau County it grew by 13 percent, from July 2012 to July 2013. Some of these foreclosures are homeowners who were given 90-day mortgage moratoriums following Hurricane Sandy. While the increased foreclosure rate does hurt displaced residents, a strong re-selling market can actually benefit the economy. Please click on the link below for the full story.
We found this article of interest and would like to share it with you. Long Island is proving attractive to out-of-town brokerages. One example, Lee & Associates, a Los Angeles based firm, has recently opened its first Long Island office. Regarding the commercial market Kelly Koukou from Lee & Associates said “I’ve been active in that market for about 20 years and have seen it grow and attract more and more New York City firms that want offices outside the city.” Many of these new brokerages are more entrepreneurial based and are enticing brokers to make a jump from more traditional corporate based companies. Please click on the link below for the full story.
libn.com It’s a spike in commercial projects that’s keeping most local builders busier than they’ve been in years.
We found this article of interest and would like to share it with you. 2013 is shaping up to be the best year for construction since the economic downturn. The amount of construction contracts in the New York metropolitan area has increased by 13 percent, and nonresidential construction on Long Island in particular has grown. There has been an increase in retail stores, schools are expanding and build-to-suit industrial properties are increasing in number. The industry as a whole appears to be on the rise. Please click on the link below for the full story.
libn.com It’s a spike in commercial projects that’s keeping most local builders busier than they’ve been in years.
We found this article of interest and would like to share it with you. The U.S. is on track to end the year with the fewest homes repossessed by lenders in six years, this trend will help he negative impact foreclosures have on home values. Homeowners continue to owe more on their mortgages than their homes are worth. Foreclosures peaked in 2010 at 1.05 million and have been declining ever since thanks to steady job gains and still-low mortgage interest rates. Please click on the link below for the full story.
libn.com Lenders repossessed 36,964 U.S. homes last month, down 31 percent from July last year, foreclosure listing firm RealtyTrac Inc. said Thursday.
We found this article interesting and would like to share it. Changes have been coming to downtown Huntington in the form of upscale rental housing over existing retail space. Several projects have already been completed with more expected over the next year. Many people regard Huntington as the only Manhattan type experience on Long Island. Please click on the link below for the full article.
libn.com Huntington Village has always offered a wide variety of eateries, shops and entertainment. Its newest attraction: more places to live.
Anthony Ficara was recently quoted in an article about hyper-local marketing. To see the full article click on the link below.
nfib.com "Hyperlocal" marketing can help focus your promotional efforts on those most likely to buy. Whether it's online ads guided by GPS to reach a particular user, or something as real-world as a strategically placed poster in a bus shelter, by narrowing geographic focus, it’s possible for a small busines...
This article may be of interest to both employers and students alike. Unpaid internships may be a way of the past after a recent court ruling. A federal judge in NY ruled against Fox Searchlight Pictures for violating minimum wage and overtime laws in their use of unpaid interns. This decision may have wide sweeping impact on the opportunities students will have in gaining experience through internships.
libn.com The decision by U.S. District Judge William H. Pauley III may lead some companies to rethink whether it's worth the legal risk to hire interns to work without pay.
We found this article of interest and would like to share it with you. Long Island City is a hotbed for new condominium development and Modern Spaces is a well know brokerage firm in the area. One of the projects they are marketing, The Bindery condominium, has achieved a 50% sales threshold in just under two months!
therealdeal.com Sales at the Bindery condominiums in Long Island City have reached the 50 percent mark, according to Modern Spaces, which is handling the sales and marketing at the property. This comes less than two months after the 20-unit condo launched sales, as The Real Deal reported.
If you are buying or selling a home, you may find this article from the Today show to be of interest. And, if you need a lawyer to represent you in a purchase or sale, we are here to help.
lifeinc.today.com It’s a seller’s market in many parts of the country right now. That’s a big change from the past six or seven years. With buyers competing for the same property, home prices are going up. It’s a good thing mortgage interest rates are at historic lows. &ld …
Another encouraging report on NBC's world news with Brian Williams about the increase in home values. According to the report home prices have experienced the highest annual jump in nearly seven years. 9.3% according to one closely watched index. And, that's in all 20 of the biggest cities in this country. one reason prices are rising so fast? Inventory, pure and simple. There is very little out there to buy with fewer new listings than we see, especially during this time of year.
If you are buying or selling your home, Ficara & Associates can help. Just give us a call at 631.237.4917.
Play the report here.
NBC News reports that home sales are on the rise and the housing recovery is on track. If you are buying or selling a home and need counsel, please call us. We would be happy to help.
nbcnews.com Sales of new U.S. single-family homes rose in March, indicating the housing market recovery remains on track. The Commerce Department said ...
Signs of Easier Money for Mortgages
The New York Times reports that there are signs that some lenders and mortgage insurers are beginning to loosen eligibility requirements since the days immediately after the housing bubble burst. This is good news for both buyers and sellers. If you need real estate advice, please feel free to give us a call.
nytimes.com There are signs that some lenders and mortgage insurers are beginning to loosen eligibility requirements since the days immediately after the housing bubble burst.
We are Growing!
Effective May 1, 2013, O'Shea & Associates, P.C. will merge into Ficara & Associates, P.C. Joseph J. O'Shea will become a Partner in the Real Estate practice group, Thomas V. Ognibene will become Of Counsel and Carrie Herz will join us as an Associate. We are excited to welcome our new counselors and staff members.
O'Shea & Associates' expertise in real estate transactions compliments our practice and adds value to all of our client relationships. The O'Shea team will bolster our Real Estate practice group, which includes: commercial and residential real estate transactions, as well as real estate finance and lending matters. In addition, this merger enables us to grow our Wills, Trust & Estates practice and adds an Election Law practice to our firm.
In order to accommodate our firm's growth, we recently signed a new lease in our current office building, Greenway Plaza, more than doubling the size of our office. As of May 1, 2013, we will be moving down the hall to our newly constructed space at Suite 220S. A formal announcement will be made at the time of our move.
Thank you for the continued confidence you have placed in Ficara & Associates, P.C. and your loyalty to O'Shea & Associates, P.C. We look forward to many more years of providing you with exceptional service.
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