In this episode of Inside R&E, Michael A. Pensabene, R&E Litigation Member, invites seasoned immigration attorney Alexis S. Axelrad, Partner with Barst & Mukamal LLP, for a dynamic discussion revealing the many ways in which immigration laws change the scope of real estate development in major cities across the U.S.

Together they discuss recent legislation related to foreign national property ownership, along with investment programs like EB5, which was responsible for the development of Hudson Yards, among other projects. While lawmakers prioritize national security with thorough vetting, these tightening immigration laws could slow down or halt muchneeded development in key U.S. cities facing housing shortages.

Michael A. Pensabene’s practice spans all areas of commercial litigation, with a focus on joint venture and partnership disputes, contract and lease disputes, landlord/tenant litigation, construction issues and condo/coop disputes, as well as board representation of coops and condos. His experience affords him the judgment to evaluate the interests of the parties, and to know how and when to assert clients’ rights to achieve their objectives.

Alexis S. Axelrad maintains a dynamic corporate and familybased US immigration practice based out of New York City. She has been active in the American Immigration Lawyers Association (AILA) for over 25 years and currently serves as First VicePresident of AILA’s Executive Committee responsible for advancing the goals and mission of the organization.

For any questions related to this episode of Inside R&E, contact Michael A. Pensabene at [email protected] or (212) 5518406. Alexis S. Axelrad can be reached at [email protected].

About Rosenberg & Estis, P.C.
Rosenberg & Estis, P.C., celebrating its 50th year, is widely recognized as one of New York City’s preeminent real estate law firms. R&E provides fullservice representation and advice in every aspect of real estate, from performing due diligence and evaluating financing, to handling joint ventures, acquisitions and leasing, construction and design team agreements, property tax exemptions and abatements, land use and zoning matters, Real Property Income & Expense (RPIE) filings, coop and condo offering plan filings, distressed situations and bankruptcies, trust and estate planning, as well as the litigations and negotiations which sometimes ensue when dealmaking. R&E’s wealth of experience in New York real estate makes it the ideal thought partner for owners, developers, notforprofit corporations, educational institutions, sponsors, equity investors and lenders in both real estate transactions and in all court venues.

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