New York Law Journal | Analysis
By Deborah E. Riegel | May 6, 2024
Cooperative corporations and their shareholders allege that they are subjected to unpredictable and frequently significant rent increases when ground rents reset.
New York Law Journal | Analysis
By Richard S. Fries | May 2, 2024
Today's commercial real estate market is in distress and has been, across a variety of asset classes, for several years. The reasons are well-known. Less well known is possibly the surest solution in this down cycle. This is a method to right-size commercial real estate loans where the value of the underlying real estate is so much lower than it was only a few years ago.
By Scott Mollen | April 30, 2024
Scott Mollen discusses "U.S. Bank National Association v. Joerger," and "Atlantic Ctr. Fort Greene Assoc., LLC v. City of New York."
New York Law Journal | Expert Opinion
By Bruce J. Bergman | April 30, 2024
In a continuation of his discussion on the efficacy of a plaintiff's nominal bid at a foreclosure sale, Bruce Bergman takes issue with the Third Department in its ruling in 'Wilmington Savings Fund Society FSB v. Oppitz.'
By Scott Mollen | April 23, 2024
Scott Mollen discusses "Henry v. Khan," "East 54th Operating LLC v. Brevard Owners, Inc.," and "Batts v. Carrion."
By Brian Lee | April 23, 2024
One lawyer said of lawmakers including new standards to combat discrimination in the provision of insurance to affordable housing that it's "an extremely important statement for the state of New York to be making, that we're not going to tolerate this, and I believe that we're the first in the nation to take action like that. It's 100% a national issue; not a New York State-specific issue."
By Ezra Dyckman and Charles S. Nelson | April 23, 2024
In their Financing column, Ezra Dyckman and Charles Nelson discuss the recent Tax Court case, Valley Park Ranch, LLC v. Commissioner, which "is significant because it illustrates the Tax Court's willingness to invalidate a longstanding regulation based on procedural flaws that occurred almost 40 years ago."
By Patricia Kane | April 16, 2024
Scott Mollen discusses "Katz v. New York City Housing Preservation and Development," where a housing discrimination case was dismissed, and "Diversified Equities LLC v. Swint," based on a licensee holdover proceeding,
By Bryan T. Mohler and Rachel Shaw | April 16, 2024
In December 2022, the First Department issued a decision in 122 East 42nd Street LLC v. Joseph Scharf and Sarah Gotlib that caught the leasing world off guard as it relates to so-called "Good Guy" guarantees.
By Brian Lee | April 10, 2024
The measure, if adopted as expected, would make it harder for landlords to increase rents and evict tenants. Real estate lawyers worried about deleterious effects of government restrictions on the market.
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