November 12, 2019 | New York Law Journal
Owners Should Take Caution in Waiving Consequential DamagesIn their Construction Law column, Kenneth Block and Joshua Levy write: It is common in most construction contracts for there to be a mutual waiver of consequential damages. Owners, however, should take caution before agreeing to provide a broad unqualified waiver to contractors.
By Kenneth M. Block and Joshua M. Levy
5 minute read
November 06, 2019 | New York Law Journal
Former SEC Senior Counsel John W.R. Murray Joins Foley Hoag as PartnerAnd other announcements of recent hirings and promotions of New York attorneys.
By Patricia Kane
3 minute read
November 06, 2019 | New York Law Journal
Recent Developments Concerning Agency Guidance DocumentsOver the past several months both the Trump administration and courts in New York have attempted to strike a balance between the tendency of agencies to use guidance to expand their authority without the protections associated with notice and comment rulemaking. In their Environmental Law column Michael Gerrard and Edward McTiernan explore these recent developments and what they might mean as for the EPA and DEC.
By Michael B. Gerrard and Edward McTiernan
8 minute read
November 05, 2019 | New York Law Journal
Realty Law DigestIn his Realty Law Digest, Scott E. Mollen discusses 'Mill Street Partners v. City of Newburgh, where a developer plausibly alleged that racial animus was the major factor in opposition to the project; and 'Booston v. 36 W. Realty Co.,' where the court denied a 'Yellowstone' Injunction based on the tenant's breach of the lease being found incurable.
By Scott E. Mollen
16 minute read
November 05, 2019 | New York Law Journal
Succession: Appellate Term Case Highlights Tenant DeceptionsIn their Rent Regulation column, Warren Estis and Jeffrey Turkel discuss recent succession cases including 'CBU Assocs., Inc. v. Forray,' where the First Department, Appellate Term observed that an occupant, through a "persistent and systematic pattern of deception," can waive succession rights. They note that the rule in the Second Department is "somewhat more tenant-friendly."
By Warren A. Estis and Jeffrey Turkel
10 minute read
November 04, 2019 | New York Law Journal
How New York City Is Picking Up the 'PACE'On May 19, the New York City Council passed the Climate Mobilization Act or the "CMA," the goal of which is to reduce NYC greenhouse gas emissions 80% by year 2050. One of the most significant CMA bills was Int. 1252-A, enabling Property Assessed Clean Energy (PACE) financing in New York City for the first time. This article focuses on commercial side of PACE financing in New York.
By Thomas O'Connor & YuhTyng Patka
7 minute read
November 01, 2019 | New York Law Journal
Lawyer Admission and Mobility: Regulation Fit for the 18th CenturyIn his Professional Responsibility column, Anthony E. Davis argues the irrationality of the current rules which restrict the ability of American lawyers to engage in the practice of law on a nationwide basis.
By Anthony E. Davis
9 minute read
October 29, 2019 | New York Law Journal
Realty Law DigestIn his Realty Law Digest, Scott E. Mollen discusses "Bd. of Managers, 28 Cliff St. Condo v. Maguire;" "Bay Sun Realty Inc. v. Li," and "Westchester Plaza Holdings v. Sherwood."
By Scott E. Mollen is a partner at Herrick, Feinstein.
14 minute read
October 29, 2019 | New York Law Journal
Sanctions for Failing To 'Immediately Notify' Court of SettlementThe Appellate Division's Practice Rules contain a requirement that parties and counsel "shall immediately notify the court when there is a settlement of a matter or any issue therein." In his Settlement and Compromise column, Thomas E.L. Dewey discusses 'Bank of New York Mellon v. Smith,' where the Second Department sanctioned a party and its counsel for "flagrant violations" of this rule.
By Thomas E.L. Dewey
9 minute read
October 29, 2019 | New York Law Journal
Developers Beware: Understanding the Legal Risks Of Debt Financing In Property DevelopmentTodd Soloway and Bryan Mohler explore the common forms of debt financing, and the particular considerations and legal issues involved when a lender seeks to foreclose.
By Todd E. Soloway and Bryan T. Mohler
8 minute read
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