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New York Law Journal

Cushman & Wakefield Sues to Disband Alleged 'Imposter' Real Estate Firm

The commercial real estate firm sued to enjoin the other entity, which incorporated at the same address as Cushman & Wakefield 1 Inc., from doing business under their name.
2 minute read

The Recorder

The Constant Battle to Reform California Rent Control

"With the threat of SB 446 presently nullified, the big challenger to the long-standing Costa-Hawkins Act is the Justice for Renters Act initiative," writes Whitney Hodges of Sheppard Mullin.
7 minute read

New York Law Journal

Piercing the Corporate Veil; Impossibility Defenses Rejected: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Three Amigos Holding Inc. v. Maxben Holdings," "Paramount Leasehold v. Krasny Office," and "PLG Bedford Holdings v. Prestige Deli & Grill Corp."
12 minute read

New York Law Journal

The Impact of Artificial Intelligence on Construction: Is the Real Estate Industry Adapting to Its Rise?

Generative artificial intelligence (AI) has the potential to transform the real estate industry, but are owners and developers and construction managers adapting to its rise?
5 minute read

Daily Report Online

Construction Slowdown Has Atlanta Firms Considering Signing Leases Years Before They Move

"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.
5 minute read

New York Law Journal

Right of Utilities To Acquire Real Property via Eminent Domain in New York

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.
6 minute read

New York Law Journal

Unpacking ANNY, NYC's New Affordable Housing Tax Exemption Program

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.
7 minute read

New York Law Journal

Good Cause Eviction: Uncertainty Abounds in New Law's Provisions

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.
7 minute read

New York Law Journal

Corporate Transparency Act, NY LLC Transparency Act and Global KYC Regulations: A Comparative Analysis

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.
8 minute read

New York Law Journal

Fines, Late Fees and Limits on Co-op and Condo Board Authority

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.
8 minute read

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