New York Legislature Passes LLC Transparency Act

On June 20, 2023, the New York State Assembly passed the LLC Transparency Act, (hereinafter referred to as “Act”), a groundbreaking bill set to enhance transparency and combat money laundering in the state of New York. The Act mandates the disclosure of all Beneficial Owners of Limited Liability Companies (“LLC”) formed within the state of […]

Jacob Grossman Joins Andelsman Law

Andelsman Law is thrilled to announce the addition of Jacob Grossman, J.D., as a full-time member of our legal team. Jacob earned his Juris Doctor degree from the Maurice A. Deane School of Law at Hofstra University in May 2023 and is pending admission to the New York State Bar Association. His undergraduate studies were […]

Andelsman Law To Participate in the Private Lender Expo, AAPL and the OJBA Expo

Andelsman Law is pleased to announce our participation in the Private Lender Expo in Hasbrouck Heights, NJ on November 2, the 14th Annual AAPL Conference in Las Vegas on November 12-13, and the OJBA Expo in Secaucus, NJ on November 29. “It’s going to be a busy month on the road” said Larry Andelsman, CEO […]

New York’s Newly Enacted Foreclosure Abuse Prevention Act and its Effect on Private Lenders

On December 30, 2022, Governor Kathy Hochul signed into law the “Foreclosure Abuse Prevention Act” (§5473). The Foreclosure Abuse Prevention Act (“FAPA”) puts a hard six-year statute of limitations on foreclosure proceedings and controversially will take effect retroactively. FAPA applies to all pending foreclosure actions and will have a drastic impact on certain actions in […]

Ian Axelrod, Esq, Senior Counsel

Ian is an accomplished attorney with over 10 years’ experience representing private lenders, financial institutions, investors, developers, and domestic and international high net worth individuals and investment groups in all facets of lending, borrowing, acquisitions and other real estate matters.  Ian has represented prominent lenders, developers, property operators, business owners, and investors for both residential and commercial property development projects. Ian provides counsel on the acquisition, renovation, and lease of multi-family, mixed use, condominium and various other real estate projects.  Prior to joining the firm, Ian was the Managing Attorney at The Shiponi Law Firm, P.C. and, Associate at The Law Offices of Frederick J. Giachetti, P.C.

Ian graduated from SUNY at Buffalo in 2007 with a Bachelor of Arts degree in Political Science, Public Law Concentration.  He earned his Juris Doctor degree from Touro College, Jacob D. Fuchsberg Law Center in 2010, and was admitted to the New York Bar Association in 2011.