Herman Katz LLP

- 1407 Broadway Suite 4002, New York, NY 10018

For property owners and real estate professionals in New York City, navigating the complexities of commercial real estate law, property valuation, and taxation can be a daunting challenge. This is where a specialized legal partner like Herman Katz LLP becomes invaluable. Renowned for their expertise in a highly specific and critical area of law, Herman Katz LLP offers a comprehensive suite of services designed to help clients manage and reduce their real estate tax burdens. The firm's reputation as a leader in New York State local taxation is built on decades of experience, a deep understanding of the local legal landscape, and a strategic, results-oriented approach to litigation and advisory services. They are committed to providing the skilled and trusted counsel necessary to navigate the intricate and often high-stakes world of property tax law. This article will delve into the core of their practice, highlighting their services, accessibility, and what makes them a premier choice for real estate matters in the city.

The firm was founded by Jay M. Herman and Robert S. Katz, two of the region's most respected property tax litigation attorneys. Their combined decades of experience and specialized focus on valuation law have positioned Herman Katz LLP at the forefront of the industry. They represent a wide range of clients, from major corporations and developers to privately held companies and individuals, helping them achieve the lowest possible property tax bills. This focus on a niche area allows them to offer unparalleled depth of knowledge, which is a significant advantage in a state with one of the most unique and complex property tax systems in the country. The firm's ability to provide proactive advice, even during the due diligence and acquisition stages of a property, helps clients avoid future tax surprises and ensures the financial viability of their projects. Their pragmatic approach and commitment to ethical practice have earned them a reputation for integrity and effectiveness within the legal and real estate communities. Their expertise is not limited to litigating appeals after an issue has arisen; they work with clients from the very beginning of a project to strategically plan and minimize tax burdens, which can be a property owner's single largest annual expense.

Herman Katz LLP is more than just a law firm; it is a strategic partner for its clients. The team works diligently to maintain its competitive edge by staying current with legal and jurisdictional rules, regulations, and practices. They are known for their strong professional relationships and extensive trial and transactional knowledge, which allows them to effectively represent every real estate asset class, including office buildings, hotels, retail centers, industrial facilities, and multi-family residential properties. For New Yorkers dealing with the high costs of property ownership, having a firm that can navigate these complexities and consistently deliver favorable outcomes is a tremendous asset. Their history of saving clients millions of dollars each year in unwarranted property taxes is a testament to their expertise and dedication. They are a powerhouse in the field, and their reputation extends beyond the courtroom to include providing valuable advisory services and expert testimony, making them a comprehensive resource for all property tax matters.

Location and Accessibility:

Herman Katz LLP is conveniently located at 1407 Broadway Suite 4002, New York, NY 10018, USA. This address in Midtown Manhattan places the firm in a central and easily accessible part of the city. The location is well-served by multiple subway lines and is within a short distance of major transportation hubs, making it a practical choice for clients coming from all five boroughs and beyond. For those with mobility needs, the firm has taken care to ensure the office is welcoming and accessible. The building features a wheelchair-accessible entrance, which provides smooth entry for clients using wheelchairs or other mobility aids. Additionally, the office is equipped with a wheelchair-accessible restroom, a thoughtful amenity that further contributes to a comfortable and inclusive environment. The presence of a clean and accessible restroom is a small but significant detail that reflects the firm’s commitment to client comfort and care. These accessibility features are a testament to the firm's dedication to serving all members of the New York community with professionalism and respect.

Services Offered:

• Commercial Real Estate: The firm provides comprehensive legal counsel on commercial real estate matters, including transactions, development, due diligence, and finance. Their expertise helps clients navigate the complex legal landscape of New York's commercial property market.

• Property Taxation: A core practice area, this service focuses on helping clients understand and manage their property tax obligations. This includes providing tax advice, assessing tax consequences, and handling all aspects of property taxation.

• Property Tax Appeals: The firm specializes in challenging and appealing property tax assessments to ensure they are fair and equitable. Their attorneys have a proven track record of securing significant tax reductions for a wide range of properties.

• Eminent Domain & Condemnation: Herman Katz LLP represents property owners whose land is being taken for public use. They fight to ensure clients receive the full and fair compensation they are entitled to under the law, offering strong advocacy in these highly specialized proceedings.

• Litigation & Trial: The firm’s attorneys are experienced trial and appellate attorneys, prepared to represent clients in litigation related to real estate and property tax matters. They develop robust litigation strategies and provide expert testimony when necessary to protect their clients' interests in court.

• Real Estate Finance & Investment Trusts: The firm advises on the legal aspects of real estate finance and represents clients in matters involving Real Estate Investment Trusts (REITs), ensuring legal compliance and strategic financial planning.

Features and Highlights:

• Hyper-Specialized Expertise: The firm's focus on a niche area of law—property tax and real estate—allows them to offer a depth of knowledge and experience that is unmatched. This specialization is a significant advantage for clients facing complex valuation and tax issues.

• Proactive Legal Advice: Herman Katz LLP goes beyond reactive litigation. They provide strategic legal advice during the early stages of a project, such as due diligence and development, to help clients avoid future tax burdens and legal issues.

• Accessible Location: The firm's office in Midtown Manhattan is conveniently located and easily accessible via public transportation, making it simple for New Yorkers to schedule and attend meetings.

• Inclusive Environment: With a wheelchair-accessible entrance and restroom, the firm demonstrates a commitment to providing a welcoming and comfortable experience for all clients, regardless of their physical needs.

• Proven Track Record: The firm has a history of success in obtaining significant property tax reductions and favorable outcomes for its clients, saving them millions of dollars in unwarranted taxes.

Contact Information:

Address: 1407 Broadway Suite 4002, New York, NY 10018, USA

Phone: (212) 953-5000

What is worth choosing Herman Katz LLP?

For New Yorkers who own or manage commercial or large residential properties, choosing Herman Katz LLP is a strategic business decision. The firm's deep specialization in property tax and real estate law provides an unparalleled level of expertise that is crucial for navigating the city's complex and costly legal landscape. While some firms may have a broader focus, Herman Katz LLP dedicates its entire practice to this niche, ensuring that their attorneys are at the absolute cutting edge of property valuation, tax law, and related litigation. Their proactive approach, which includes advising clients during the due diligence phase of an acquisition, helps to prevent problems before they arise, saving significant time and money. Furthermore, their experience with trial and appellate litigation means they are prepared to fight for their clients' rights in the courtroom when necessary, advocating for fair assessments and just compensation in eminent domain cases. The firm’s convenient and accessible Midtown location, along with its commitment to a client-friendly environment, makes working with them as seamless as possible. The reports of an initial rude receptionist, while concerning, should be weighed against the firm's overall and long-standing professional reputation for expert legal counsel and the significant financial benefits they have secured for their clients. Their track record of success in reducing property tax burdens for a wide array of clients speaks for itself and makes them a prime choice for any real estate professional in New York.

Herman Katz LLP

1407 Broadway Suite 4002, New York, NY 10018, USA