Eliad S Shapiro

October 27, 2020 | New York Law Journal

An analysis of the conflict that exists between the Amended Guaranty Law's explicit statutory language and the City Council's newly published declaration of legislative intent and findings. The article looks at the question of statutory interpretation and examines whether the newly amended Guaranty Law passes muster under the U.S. Constitution's Contracts Clause.

By Eliad S. Shapiro

14 minute read

June 08, 2020 | New York Law Journal

Rather than introduce sustainable systemic solutions, the draconian measures set forth in the Bill will yield profound negative consequences for the City's own finances, the real estate market, employment, tenant welfare, the number of foreclosures, and much more.

By Eliad S. Shapiro

12 minute read

May 29, 2020 | New York Law Journal

In addition to the profound negative economic consequences that the Bill would have, the Bill likely runs afoul of the U.S. Constitution's Takings Clause because it creates government-coerced tenancies without just compensation to property owners.

By Eliad S. Shapiro

11 minute read