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 […]

Audra Hornig, Partner Announcement

It is with great pleasure that we announce the promotion of Audra Hornig, Esq. to partner at Andelsman Law. Audra has been an integral part of our firm’s success, showcasing unwavering dedication and hard work since joining us five years ago. Throughout her tenure, she has consistently demonstrated a commitment to excellence, a profound understanding […]

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 […]

Attorney Ian A. Axelrod Joins Andelsman Law

Andelsman Law is pleased to announce the addition of Ian Axelrod, Esq. to our team of attorneys. Ian has joined the firm as Senior Counsel and will manage the Commercial Real Estate Group. Ian is an accomplished attorney with a primary focus on representing private lenders, financial institutions, investors, developers, and domestic and international high […]

Real Estate Investors Establishing Relationships With Private Lenders For Real Estate

The focal point for real estate investors, particularly those new to the business, is to have the ability to have cash available to propel their investment strategy. Private Lenders provide capital and flexibility that strengthen investors’ ability to close deals and grab market share. Establishing relationships with lenders that can fund quickly and that have […]

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.