A Look Through the Haze: The Impact of Legalization of Marijuana in New York on Landlords, a Year Later
By Michelle P. Quinn, Partner
Gallet Dreyer & Berkey, LLP
With the legalization of cannabis products on March 31, 2021 under the Marijuana Regulation and Taxation Act (MRTA), New York is expected to be one of the nation’s largest regulated marijuana markets, with a projected $4.2 billion in sales within five years. While the law went into immediate effect, the associated regulations and licensing have been slow to emerge, leaving New Yorkers, especially commercial and residential landlords, in a cloud of confusion and uncertainty surrounding the use of their properties.
Landlords must sift through the haze when renting while the law on marijuana use, cultivation, and distribution...Read More
Michelle P. Quinn
Michelle P. Quinn represents cooperative and condominium boards, businesses, and individuals regarding issues with shareholders and owners in commercial and residential landlord-tenant litigation, including summary proceedings, administrative agency hearings, and Supreme Court actions and appeals. She has substantial experience with Mitchell-Lama cooperatives, redevelopment companies, and tenancies protected by New York State Rent Regulation.