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Long Island Bankruptcy & Foreclosure

Prospect Heights Brooklyn

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Practice Areas

Bankruptcy Solutions 

The purpose of federal bankruptcy legislation, sometimes known as Title 11 of the United States Code or the “Bankruptcy Code,” is to provide an opportunity for financial reorganization or a fresh start for legitimate debtors who are unable to fulfill their obligations.

Foreclosure Solutions 

As you are undoubtedly aware, many homeowners are in arrears on their mortgages as a result of the 2020 recession brought on by the coronavirus. At first, most lenders had been understanding and would have granted a brief suspension of the late payments.

Debt Negotiations & Settlements 

Clients regularly hire the Law Office of Ronald D. Weiss, P.C. to represent them in negotiations with banks, mortgage holders, credit card issuers, auto financing providers, landlords, tax authorities, and other creditors.

Mortgage Loan Modifications 

The most common strategy used by our firm to prevent a house in severe mortgage arrears from going into foreclosure is a mortgage modification. Mortgage modification and other potential Retention Options are the potential goals of most homeowners in foreclosure because most people experiencing serious hardships with their mortgages are looking for “Retention Options

Credit Card Solutions 

For consumers, credit card debt and other unsecured personal loans are the most common types of debt. There are a few legal options for handling credit card debt, including the following: Litigation, bankruptcy, and/or negotiated settlements are the three options.

Debtor Litigation Defense 

Many of The Law Office of Ronald D. Weiss, P.C.’s clients face the possibility of litigation or collection activities from their creditors because they are accused of having debt that they are unable to pay or because they contest the existence, amount, or obligation of the debt.

Landlord Tenant Solutions

Landlord-Tenant Law is one of our firm’s areas of expertise; we defend landlords and tenants in a variety of legal proceedings before the Landlord-Tenant Court and the New York Supreme Court. When it comes to eviction and/or collecting large amounts of past due rent.

Distressed Real Estate 

A. Pre-Contract When a seller (the “Seller”) sells real estate to a buyer (the “Buyer”), there are usually a number of important steps involved. A seller will first list their property on the market for sale. A real estate broker is frequently hired by the seller to help locate possible buyers for their property.

Student Loan Solutions

In this world nothing can be said to be certain, except death and taxes,” as Benjamin Franklin famously said. This phrase has recently been amended by popular opinion to include student loans. Since most jobs these days require a bachelor’s degree, the amount of debt that Americans owe on their student loans

Tax Debt Solutions 

Many people have trouble keeping up with their tax payments to the New York State Department of Taxation and Finance (“NYS”), which includes sales taxes, income taxes, payroll taxes, and other state taxes, as well as the U.S. Internal Revenue Service (the “IRS”), which includes individual income taxes.

Table of Contents

Prospect Heights is a neighborhood in Brooklyn’s northwest section. The traditional limits are Flatbush Avenue to the west, Atlantic Avenue to the north, Eastern Parkway, which begins with Grand Army Plaza, to the south, and Washington Avenue to the east. The Vanderbilt Rail Yards are located in Prospect Heights’ northern half and were developed as part of the Pacific Park (previously Atlantic Yards) project. The Barclays Center, home of the NBA’s Brooklyn Nets basketball club, is located in Pacific Park’s northwestern corner, between Flatbush and Atlantic Avenues.

  • Boundaries and land use

Eastern Parkway, from Grand Army Plaza to Washington Avenue, forms the southern boundary and is reminiscent of Fifth Avenue’s “Museum Mile” in Manhattan. The north side of the parkway is lined with large, expensive buildings, while the south side is home to the Brooklyn Public Library, Mount Prospect Park (not to be confused with Prospect Park), the Brooklyn Botanic Garden, and the Brooklyn Museum. Prospect Heights borders Fort Greene to the north, Prospect Park to the south, Park Slope to the west, and Crown Heights to the east. The 77th NYPD precinct has jurisdiction over the area east of Vanderbilt Avenue, while the 78th is in charge of the area west of Vanderbilt Avenue.

Controversy

In the late 2000s and early 2010s, the neighborhood was divided over a construction project called Pacific Park (previously Atlantic Yards) by developer Bruce Ratner, which was originally designed by architect Frank Gehry for portions of Prospect Heights and Fort Greene. This included the construction of the Barclays Center, an arena that would house the Brooklyn Nets basketball club, as well as housing and commercial space in a cluster of high-rise structures that are far taller than the borough’s current low-rise architecture. Several neighborhood groups protested the proposal, arguing it violated eminent domain principles, among other concerns. Supporters of the initiative believed in its ability to revitalize an unappealing location.

 

  • Architecture

The neighborhood is home to numerous Italianate and Neo-Grec rowhouses, and much of it has been recognized as a New York City historic district. The Prospect Heights Historic District is primarily defined by Flatbush Avenue, Sterling Place, Washington Avenue, and St. Marks Avenue, with a piece extending north to Pacific Street. It was added to the National Register of Historic Places in 1983.The city Landmarks Preservation Commission designated the district on June 23, 2009, and the New York City Council approved it on September 17, 2009. It is the seventh largest historic district in New York City.

  • Demographics

Prospect Heights had a population of 19,849 as of the 2010 United States Census, up 194 (1.0%) from the 19,655 enumerated in 2000. The neighborhood covered an area of 237.30 acres (96.03 hectares) and had a population density of 83.6 inhabitants per acre (53,500/sq mi; 20,700/km2).

The neighborhood’s racial composition was 47.2% (9,359) White, 30.1% (5,979) African American, 0.2% (34) Native American, 6.6% (1,316) Asian, 0.1% (12) Pacific Islander, 0.5% (106) from other races, and 3.9% (768) from two or more races. Hispanic or Latino people of all races made up 11.5% (2,275) of the population.

  • Culture

Prospect Heights was a diverse ethnic neighborhood from the 1910s to the 1960s, with residents including Italians, Irish, Jews, Germans, Greeks, and Yankees. It is now well known for its mixed black and white culture. Every year, the West Indian Day Parade, New York City’s largest annual parade, travels along Eastern Parkway from Crown Heights to Grand Army Plaza in Prospect Heights. During the last thirty years, the neighborhood has seen an inflow of new residents, increasingly young and white,possibly due to slightly lower real estate prices than nearby Park Slope. Since 2000, a lively commercial zone has formed around Vanderbilt Avenue and Washington Avenue, with a surge in new pubs, restaurants, and specialty shops, including a Michelin-starred restaurant.

  • Health

As of 2018, preterm births and births to teenage moms were more common in Community District 8 than elsewhere in the city. Community District 8 had 92 preterm births per 1,000 live births (compared to 87 per 1,000 citywide), as well as 24.6 births to teenage mothers per 1,000 live births (compared to 19.3 per 1,000 citywide). Community District 8 has a sizable number of uninsured persons who obtain healthcare through Medicaid. In 2018, this number of uninsured residents was estimated at 12%, compared to the citywide average of 12%.

  • Post offices and ZIP Codes

Prospect Heights falls under ZIP Codes 11217 and 11238. The United States Postal Service has two nearby post offices: the Times Plaza Annex Station at 594 Dean Street and the Adelphi Station at 950 Fulton Street.

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