New York Law Journal | Analysis
By Randy Lee | March 17, 2022
Simply put, the disclosure of sensitive financial documentation about one's bank balances, brokerage accounts, net worth and income to real estate brokers, salespersons, and even sellers is a dangerous practice that can seriously jeopardize the privacy of the potential buyers and might very well open a pathway to identity theft and fraud.
New York Law Journal | Expert Opinion
By Scott Mollen | March 15, 2022
Scott Mollen discusses "Rodriguez v. Richards," a breach of contract case where the seller was entitled to keep a $50,000 deposit even though the contract lacked a liquidated damage provision, and "450 Grand Avenue Realty LLC v. Technology Insurance Company," an insurance case where the court granted a motion to dismiss finding that a COVID-19 moratorium was only applicable to policyholders experiencing financial hardship due to the pandemic.
New York Law Journal | Analysis
By Kevin G. Faley and Andrea M. Alonso | March 15, 2022
This article takes look at several cases which address the issue of liability for sidewalk maintenance. The authors conclude that "the purpose underlying the enactment of the exemption in New York City Administrative Code §7-210 is to promote the safety of pedestrians making use of public walkways. Imposing a duty upon owners of real property to maintain the sidewalk abutting their property incentivizes the maintenance of sidewalks and creates safer walkways for pedestrians."
New York Law Journal | Expert Opinion
By Jeffrey B. Steiner and Scott A. Weinberg | March 15, 2022
In real estate transactions, any document intended to be recorded needs to be notarized. Until recently, in most jurisdictions that meant the signer and notary had to be physically present together. In their Real Estate Financing column, Jeffrey Steiner and Scott Weinberg discuss a recent statutory change in New York permitting Remote Online Notarization (RON) that will now allow the parties to be in separate states, or even countries.
By Jane Wester | March 8, 2022
Attorneys for the Trumps sought the First Department's review of New York Supreme Court Justice Arthur Engoron's finding that state Attorney General Letitia James "did not engage in impermissible selective prosecution."
New York Law Journal | Expert Opinion
By Scott Mollen | March 8, 2022
Scott Mollen discusses two commercial landlord-tenant cases: "New WTC Retail owner LLC v. Fal Coffee WTC," and "ADBH 22nd Floor, Inc. v. NY Park N. Salem."
New York Law Journal | Expert Opinion
By Kenneth M. Block | March 8, 2022
In this first of a two-part series on architectural service agreements (ASA), Kenneth Block discusses the scope of the architect's services under an ASA and related compensation issues.
New York Law Journal | Analysis
By Dale J. Degenshein | March 8, 2022
In her Cooperatives and Condominiums column, Dale Degenshein discusses several ideas boards should keep in mind when planning and holding meetings.
By Tom McParland | March 7, 2022
U.S. District Judge Lewis J. Liman rejected claims by a group of developers who said that the firm, Gamma Real Estate Capital, leveraged an $82 million bridge loan to seize control of the $550 million property.
By Tom McParland | March 2, 2022
The bill would require LLCs to reveal their owners and would establish a public database. Personal information, however, would be protected.
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