Salvatore Gogliormella

March 29, 2022 | New York Law Journal

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella focus on Commercial Property Assessed Clean Energy (C-PACE) financing as they discuss the basics of a PACE loan, including what it is, how it works, where it comes from and who qualifies.

By Peter E. Fisch and Salvatore Gogliormella

10 minute read

November 16, 2021 | New York Law Journal

In sale-leaseback transactions involving a portfolio of properties, landlords often require that properties be grouped in master leases rather than several individual leases—despite the resulting loss of flexibility for both landlord and tenant—in order to protect against the risk that the tenant can "cherry pick" by rejecting leases for less desirable properties in a bankruptcy.

By Peter E. Fisch and Salvatore Gogliormella

11 minute read

August 10, 2021 | New York Law Journal

New York City's status as a hub for foreign government offices provides a permanent source of demand for real estate, with a long-term need for space and one that is less susceptible than private investment to market cycles or the vicissitudes of the economy.

By Barry Langman and Salvatore Gogliormella

11 minute read

May 11, 2021 | New York Law Journal

Over two-thirds of subway and commuter rail stations within New York City are not accessible to individuals with ambulatory disabilities or mobility limitations. In an effort to make these stations more accessible, the MTA and the Department of City Planning are currently proposing amendments to the Zoning Resolution. In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella discuss programs currently in place and the new accessibility-related initiatives being proposed.

By Peter E. Fisch and Salvatore Gogliormella

10 minute read

February 09, 2021 | New York Law Journal

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella review ROFR challenges in New York which illustrate that courts honor the written intentions of the parties to a ROFR, but also uncovers that courts will fill gaps in drafting with certain default rules and will look for certain indicators of reasonableness.

By Peter E. Fisch and Salvatore Gogliormella

12 minute read

October 13, 2020 | New York Law Journal

The COVID-19 pandemic continues to place enormous stress on the commercial real estate industry, with an increasing number of commercial real estate loans facing borrower defaults. In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella discuss the choices lenders in these default scenarios face.

By Peter E. Fisch and Salvatore Gogliormella

10 minute read

August 11, 2020 | New York Law Journal

In their Transactional Real Estate column, Allen Wieder and Salvatore Gogliormella review cases suggesting that courts in New York, California, Texas, and Illinois intend to continue to carefully consider and narrowly construe anti-assignment provisions in leases and other corporate transactional documents.

By Allen M. Wieder and Salvatore Gogliormella

11 minute read

May 12, 2020 | New York Law Journal

After several weeks of restrictive measures implemented to mitigate the effects of the coronavirus pandemic, business owners are increasingly being required to make difficult decisions in the face of significant liquidity shortfalls. These decisions raise a number of legal issues.

By Peter E. Fisch and Salvatore Gogliormella

12 minute read

May 14, 2014 | New York Law Journal

In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella outline some of the key features that are negotiated as part of senior housing management agreements—fee structures, operational and physical standards, performance tests and territorial restrictions—and the manner in which they are sometimes addressed.

By Peter Fisch and Salvatore Gogliormella

12 minute read

May 30, 2007 | New York Law Journal

Meredith J. Kane, a partner at Paul Weiss Rifkind Wharton & Garrison, and Salvatore Gogliormella, an associate at the firm, write that the first sales of development rights from Broadway theaters have recently closed. With the initial transactions serving to iron out ambiguities in the statute and establish precedents for future transactions, subsequent transfers can be expected to proceed smoothly, allowing Midtown West developers to enlarge their buildings while preserving the Great White Way.

By Meredith J. Kane and Salvatore Gogliormella

9 minute read