Alexander Litt

October 30, 2024 | New York Law Journal

"These cases provide practical guidance on how courts apply Commercial Division Rule 11-a," write Alexander Litt, Mark A. Berman and Paul F. Downs.

By Alexander Litt, Mark A. Berman and Paul F. Downs

5 minute read

January 22, 2020 | New York Law Journal

The process of converting a rental building in New York City to a condominium or co-op is a complicated one, involving many elaborate statutes. The "Reserve Fund Law," a byzantine and hyper-technical law that has rarely been interpreted by the courts, is one of them, but in a recent case, the court examined the particulars of calculating the Total Price under the Reserve Fund Law.

By Peter B. Zlotnick and Alexander Litt

8 minute read

June 22, 2018 | New York Law Journal

Co-op and condo boards are often obstructed from making policy changes to address shifting trends and needs within their building by longstanding residents who benefit from the existing rules and have come to rely upon them. One popular solution has been to “grandfather” existing accommodations for these residents, but this solution is not without its own problems. The authors suggest a solution to the dilemma.

By Bruce A. Cholst, Karol S. Robinson and Alexander Litt

2 minute read