By Thomas Spigolon | June 24, 2024
"Given the diminished development pipeline, law firms will face heightened competition for quality large blocks in the coming years," said a new report from commercial real estate broker JLL.
New York Law Journal | Analysis
By Jennifer Polovetsky | June 21, 2024
It is a little-known fact that, in New York, electric and gas corporations may acquire property via eminent domain if said property is necessary for its corporate purposes. Eminent domain is an awesome power that is usually reserved for the government. However, New York state has long granted this same eminent domain power to utilities as well.
New York Law Journal | Analysis
By Neil Weisbard and Gabriel Eckstein | June 21, 2024
After two long years since the "lapse" of New York's 421-a program, real estate developers may finally be able to breathe a sigh of relief, as the new ANNY program will bring many of the same real property tax benefits for providing affordable housing.
New York Law Journal | Analysis
By Alexander Lycoyannis | June 21, 2024
This article will discuss two examples of the open questions concerning the Good Cause Eviction (GCE) law's statutory text: (1) the "small landlord" exemption from GCE's coverage and (2) the new required rent increase notices and their interplay with preexisting rent increase notice requirements.
New York Law Journal | Analysis
By Stacie E. Trott and Allana N. Beddoe | June 21, 2024
The CTA and NYTA are two significant pieces of legislation designed to enhance corporate transparency and prevent unlawful activities such as money laundering and tax evasion. This article discusses the acts' impact on the New York real estate industry and compares them to related legislation in other global markets.
New York Law Journal | Analysis
By William D. McCracken | June 21, 2024
Fines and late fees may be important—even essential—tools of co-op and condo self-governance, but there are limits which must be respected. This article explores three potential limits on the use of fines and late fees by co-op and condo boards.
By ALM Staff | June 20, 2024
This ruling was selected and summarized by the New York Law Journal's decisions editors.
By Jane Wester | June 20, 2024
The plaintiffs—entities connected to the real estate development known as Wade Park—sued Gamma in Georgia federal court in 2020, claiming breach of contract, fraud and other allegations; the case was later transferred to New York.
By Emily Saul | June 20, 2024
The defense papers also said the jurist was the subject of an investigation by the state's judicial conduct watchdog.
By Emily Saul | June 18, 2024
The lawsuit does not contain any allegations of improper behavior at the brokerage firm or relative to real estate dealings.
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