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Lessons from Sandy, One Year Later
Real Estate lawyers have been and will be the leaders of the rebuilding process of our storm-torn city. One of our most important functions is to prepare for the next storm or potential casualty. In order to improve our lawyering it is essential that we learn the lessons of Sandy. For this, we turn to the Sandy-related real estate cases on commercial leasing, insurance coverage and other related issues.
There are, in total, five reported real estate decisions that have come down in the aftermath of Superstorm Sandy. Additionally, there are some seven complaints on file. These suits, both completed and pending, can provide useful instruction for the kinds of actions a landowner must take to prepare for the next natural or civil disaster to afflict New York City.
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