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Features
While the appetite for building new vertical residential condominium buildings in Philadelphia has slowed since the onset of the pandemic, many commercial developers are now considering early on whether applying a land condominium regime makes sense for integrated development projects.
Features
In a reversal of the District Court, the Second Circuit Court of Appeals found that the failure of a local Zoning Board of Appeals to hold a hearing on an appeal from the determination of the building inspector, constituted a final determination that was ripe for judicial review.
Columns & Departments
Forgery Claim Not Barred By Statute of Limitations, Laches, or Equitable Estoppel Recorded Easement Was Abandoned No Easement By Implication Where Parcel Had Water Access from a Different Lot
Columns & Departments
Settlement Agreement Did Not Terminate Guarantor's Obligation Tenant Failed to Raise Question of Fact About Whether Building Contained Six or More Units and Was Therefore Subject to Rent Stabilization Landlord Not Entitled to Future Rent from Tenant While Also Enjoying Possession Guarantor Not Liable for Use and Occupancy
Columns & Departments
Tortious Interference Claim Dismissed
Columns & Departments
City Had Authority Over Tree Removal on Privately Owned Streets
Features
While new to law firms, hoteling strategies are line with the practices of companies in other verticals where hoteling and 100% work flexibility have been successfully in place for some time.
Features
Although interest rates may have peaked, we continue to expect a large volume of distressed real estate debtors to utilize the bankruptcy system over the next couple of years. This article analyzes two recent decisions regarding distressed real estate bankruptcies, both of which involve rights of real estate lenders against proceeds of collateral other than the real estate itself.
Features
It was widely believed that the US would be in a recession by now, but that is not the case – it's one of several 2023 forecasts that didn't play out exactly how many thought it would.
Features
Stewart Sterk, Mack Professor of Law at the Cardozo School of Law and Editor-in-Chief of New York Real Estate Law Reporter and Scott Mollen, partner at Herrick Feinstein provide analysis of recent cases regarding commercial real estate.