By Tom McParland | November 25, 2020
The divided high court's decision could have dramatic and lasting effects on New York City's real estate development community, which commonly relies on the so-called bankruptcy remote special purpose entity loan structures to manage risk.
By Dan Packel | November 24, 2020
Real estate experts believe the trend toward mobile work will make the office of the future smaller and more reliant on hybrid spaces.
New York Law Journal | Expert Opinion
By Scott E. Mollen | November 24, 2020
Scott E. Mollen, a partner at Herrick, Feinstein, discusses "SVC W. Babylon LLC v. 204 Great E. Neck Rd. LLC," where the defendant was granted dismissal of the plaintiff's option to renew the lease, and " Cayuga Indian Nation of New York v. Seneca County," where it was held that tribal sovereign immunity bars a county's foreclosure actions for nonpayment of taxes.
New York Law Journal | Expert Opinion
By Anthony S. Guardino | November 24, 2020
As local governments throughout New York contemplate how to deal with budgetary constraints stemming from the COVID-19 pandemic, more and more of them are likely to turn to incentive zoning as a means of relief.
By Jane Wester | November 24, 2020
Community organizers said the impact of rezoning on residents of color has not been properly studied. New York City Corporation Counsel James E. "Jim" Johnson praised the one-sentence ruling as "a win for New Yorkers."
By Jane Wester | November 18, 2020
The Upper West Side building has garnered substantial attention for its potential "haircut," or the removal of already-built floors at the top of the tower.
By Jane Wester | November 17, 2020
The pandemic left the house's tenants unemployed and unable to pay rent, Gaber wrote. But landlords repeatedly demanded the tenants pay the rent or move out, according to the complaint, and in July, the situation escalated.
New York Law Journal | Expert Opinion
By Scott E. Mollen | November 17, 2020
Scott E. Mollen, a partner at Herrick, Feinstein, discusses "BKNY1 Inc. v. 132 Capulet Holdings," and "McCarthy v. County of Nassau."
New York Law Journal | Expert Opinion
By Jeffrey B. Steiner and Scott A. Weinberg | November 17, 2020
When a lender purchases a loan originated by another lender, such purchasing lender will require the selling lender to deliver the original loan documents; but what happens if some of the original documents cannot be found?
New York Law Journal | Commentary
By Zachary Bernstein | November 16, 2020
The 200 Amsterdam case, in which the lower court ordered an unspecified number of already constructed floors of an Upper West Side skyscraper torn down, could undermine real estate investor confidence for a long time to come at a time when we desperately need jobs and a future tax base for the city.
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