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Terrence Oved

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Terrence Oved
Terrence Oved Photo.jpg Terrence Oved Photo.jpg
BornTerrence Oved
New York
🏳️ NationalityAmerican
💼 Occupation
Entrepreneur
👔 EmployerOved and Oved PC
Known forLaw, Real Estate Law, First Amendment
TitleCo-founder
🌐 WebsiteOfficial website

Terrence Oved is an American lawyer who practices in real estate,[1] fashion, and business law.[2] He is a chairman and founding partner at Oved and Oved LLP.[3][4]

Education

Oved graduated from New York University’s School of Business. He received a law degree from the Benjamin N. Cardozo School of Law, Yeshiva University.[citation needed]

Legal career

In 2012, Oved defended Jeffrey Jah,[5][not in citation given] former owner of New York nightclub Double Seven, in a lawsuit regarding a fight between Adam Hock and Pierre Casiraghi and friends.[6] Oved has spoken publicly about the line between freedom of speech[7] and prosecutable online threats. Oved has also been vocally against the decision by the Financial Crimes Enforcement Network (FinCEN)[8][dead link][9] requiring title companies to divulge information about clients purchasing real estate through cash-only deals. When the historic Congregation Adas Yisroel Anshe Mezeritz board developed a plan to save the synagogue by selling condos in the upstairs section to pay for a renovation, Oved advised in favor of the condo deal.[10] His rationale was that in exchange for providing the congregation with a place to worship, the condo deal is a proactive and clever arrangement. Oved publicly commented on the New York City Department of Finance’s updated requirements for shell companies to disclose every member in real estate transactions. The move was intended to prevent city residents from using shell corporations to evade city income taxes. Oved contended that the issue was less about disclosing the legal ownership of a real estate property, and should instead focus on requiring stricter and more specific reporting requirements for LLCs.[11]

References

  1. Brenzel, Kathryn (3 Mar 2016). "Here's how Cuomo is trying to hasten Penn Station's redevelopment". The Real Deal.
  2. KAMPING, LEIGH (9 Feb 2015). "My overnight guests have to register with the condo board! Is that kosher?". Brick Underground.
  3. Wolff, Brett; Dilt, Elizabeth; Lampert, Lisa (13 Jan 2016). "U.S. targets money laundering in all-cash home sales in Miami, Manhattan". MSNBC. Reuters.
  4. Solomont, E.B. (14 Jan 2016). "Millionaire, show thyself: What does the Treasury's move mean for NYC real estate?". The Real Deal.
  5. Niemietz, Brian (13 May 2011). "Bottle Service: A Brief History". New York Media LLC. New York Magazine.
  6. Peltz, Jennifer (16 Jul 2012). "Monaco Prince Sues Over NYC Nightclub Fracas". NBC Universal. NBC News.
  7. Walker, Lauren (17 Dec 2015). "WASHINGTON MAN FACES RARE PROSECUTION FOR ONLINE THREATS AGAINST PLANNED PARENTHOOD PARTNER COMPANY". Newsweek.
  8. Schmulewitz, Aaron (15 Jan 2016). "The bucks stop here as Treasury tries to head off the bad guys". Real Estate Weekly.
  9. Wolf, Brett; Dilts, Elizabeth; Lambert, Lisa (13 Jan 2016). "U.S. targets money laundering in all-cash home sales in Miami, Manhattan". Reuters.
  10. CLARKE, KATHERINE (22 Jan 2015). "Historic East Village temple gets a new lease of life thanks to condo plan". NY Daily News.
  11. ELKIES SCHRAM, LAUREN (29 Jul 2015). "5 Reasons Why the New LLC Disclosure Rules Stink". New York Observer. Commercial Observer.


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