New York Law Journal | Expert Opinion
By Scott Mollen | July 19, 2022
Scott Mollen discusses "Kassin Sabbagh Realty v. 125th St Holding Co. LLC " and "88 Ave. Realty De LLC v. Castro.
New York Law Journal | Expert Opinion
By Jeffrey B. Steiner and Megan Vallerie | July 19, 2022
In raising a statute of limitations defense, a question may arise as to when the lender accelerated the loan, which begins the running of the six-year statutory period. Courts have held that the lender must take an "unequivocal overt act" and deliver a notice to the borrower expressly accelerating the loan. This article discusses several cases which have addressed the issue of what constitutes an unequivocal notice.
By Brian Lee | July 18, 2022
New York State Supreme Court Justice Kenneth L. Thompson Jr. on Thursday granted plaintiff Bay Plaza Community Center a judgment of $1,031,613, the principal balance owed by Cablevision Systems Corp. as of September 2021.
By Jane Wester | July 15, 2022
The former president, Donald Jr. and Ivanka were set to begin testifying Friday through next week, pursuant to subpoenas from New York AG Letitia James, who is conducting a civil investigation into the Trumps' business practices.
New York Law Journal | Analysis
By Evan E. Blau, Cassia R. Schaeffer and Katelyn Squicciarini | July 14, 2022
Since their inception, Fannie Mae and Freddie Mac, the nation's largest lenders, have been mission oriented in championing affordable housing across the country.
New York Law Journal | Expert Opinion
By Scott Mollen | July 12, 2022
Scott Mollen discusses a commercial landlord-tenant case "Ralph Lauren Retail Inc. v. 888 Madison LLC," an environmental case "Mahoney v. U.S. Dep't of the Interior," and a landlord-tenant holdover case, "LaPorte v. Garcia."
New York Law Journal | Expert Opinion
By Bruce J. Bergman | July 12, 2022
While lenders would like to believe that the subject of awarding legal fees in a mortgage foreclosure (or condominium lien foreclosure) action is reasonably consistent and predictable, that turns out not to be quite so.
By Jane Wester | July 7, 2022
Two claims over a real estate deal in north Texas have been revived but the judge declined to add a new claim.
By Jane Wester | July 6, 2022
Supreme Court Justice Arthur Engoron, who imposed a similar fine on former President Donald Trump in April, noted that New York AG Letitia James has asked Cushman to produce "an enormous number of documents." Cushman said there court failed to understand the "extreme lengths" the company had gone to in compliance.
New York Law Journal | Expert Opinion
By Todd E. Soloway and Bryan T. Mohler | July 5, 2022
Todd Soloway and Bryan Mohler examine the Subordination, Non-Disturbance and Attornment Agreement (or SNDA)—typically used by hotel lenders, owners and managers to set forth their respective rights upon a foreclosure, and consider disputes that may arise when a party seeks to enforce its SNDA rights.
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