Law Offices of Gary Martin Hays & Associates
P.C.
75 Ponce De Leon Ave NE Ste 101
Atlanta,
GA 30308(470) 294-1674
www.garymartinhays.com
By Scott Mollen | June 20, 2023
Scott Mollen discusses "590 Myrtle LLC v. Silverman-Shaw Inc." a case which illustrates the significance of contract language which provides that a contract will not become binding until and unless it has been signed and delivered by the respective parties.
By Adam Leitman Bailey, John M. Desiderio, and Joanna C. Peck | June 20, 2023
The right to access another's property codified in RPAPL §881, once described, as recently as 2002, as a "little-used law" is now used for lawsuits that arise on a frequent basis, amidst the constantly evolving New York City building scene, when a property owner or developer requires access to an adjoining property to facilitate completion of either a new or renovation construction project.
New York Law Journal | Analysis
By Scott M. Smiler | June 19, 2023
When your neighbor knocks on your door and asks for access, there are a few preliminary steps that should be taken.
New York Law Journal | Analysis
By Dennis M. Sughrue and Daniel A. Devine | June 19, 2023
As has been widely reported, U.S. property owners must refinance $137 billion of office mortgages this year and nearly half a trillion dollars in the next four years, at a time of widespread lender retrenchment. Compounding the distress, spiking interest rates, coupled with the staggering cost of interest rate hedges for floating-rate loans, have dramatically raised the cost of the few loans on offer.
By Julian M. Wise, James Koenderman and Sabrina Singh | June 19, 2023
Macroeconomic factors such as supply shortages, geopolitical uncertainty, and low borrowing costs have led to higher commodity costs and inflation. In turn, high inflation has led central banks to continue to increase interest rates, ultimately resulting in high borrowing costs and curbing economic growth.
New York Law Journal | Analysis
By Joe Brasile, Anthony Todaro and Pushkar Chaubal | June 19, 2023
Although the initial compliance period under LL97 is less than 6 months away, the authors are unaware of loans having closed under the Accelerator Program during the past year. This article sets forth some of the Accelerator Program's challenges and how certain proposed changes to its rules may improve upon its accessibility for LL97 compliance.
New York Law Journal | Analysis
By Heather Horowitz and Dennis Kiely | June 19, 2023
In light of these market and institutional shifts toward environmental consciousness, C-PACE, or Commercial Property Assessed Clean Energy finance programs, may finally have an opportunity to hit its stride, especially in New York City.
New York Law Journal | Analysis
By Stuart M. Saft | June 19, 2023
Recently, there have been numerous stories describing the need to convert office buildings to residential use in order to absorb excess office capacity and create needed homes for current and future New Yorkers.
New York Law Journal | Analysis
By John Egnatios-Beene, Leslie Byrd, Ross Moskowitz and Raymond "Rusty" Pomeroy | June 19, 2023
Cities such as Pittsburgh, Boston and Washington, D.C. have issued revitalization plans to set the framework for OTR conversions, and Seattle recently launched a competition requesting owners and design firms to come up with conversion ideas.
By Jane Wester | June 16, 2023
Trump removed the case to the Southern District of New York in early May, weeks after he was indicted on 34 counts of falsifying business counts in connection with an alleged scheme to pay hush money to the adult film actress Stormy Daniels. The former president pleaded not guilty.
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