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Columns & Departments

Development

New York Real Estate Law Reporter Staff

Department of Environmental Conservation Misapplied Statute

Features

High National Debt Is Bad for CRE Image

High National Debt Is Bad for CRE

Erik Sherman

The federal debt is a huge number at $36 trillion. That has major implications for the government and the economy. Debt numbers this large automatically send out ripples the size of tsunamis. Some of them could wash over long-term Treasury yields and then flood the cost of commercial real estate capital.

Features

'Melendez/Bochner': No Guarantee the Guaranty Law Survives Constitutional Scrutiny Image

'Melendez/Bochner': No Guarantee the Guaranty Law Survives Constitutional Scrutiny

Claude G. Szyfer & Daria D. Anichkova

After nearly four years of litigation, the Second Circuit held recently that a small commercial landlord lacked standing to seek declaratory relief against the City of New York challenging the Guaranty Law under the Contracts Clause of the U.S. Constitution.

Features

Individual Liability of Condominium Sponsor's Principals Image

Individual Liability of Condominium Sponsor's Principals

Stewart E. Sterk

When are the principals of a condominium sponsor individually liable for harms suffered by purchasers? In Board of Managers of 570 Broome Condominium, the First Department declined to dismiss a condominium board's fraud and breach of fiduciary claims against individual defendants.

Features

Slight Decrease In Commercial Foreclosures Hints at Market Stabilization Image

Slight Decrease In Commercial Foreclosures Hints at Market Stabilization

Jose A. Herrera-Paez

While the commercial real estate market faced significant headwinds in 2024, recent data suggests that the tide may be turning. The combination of lower interest rates, a decline in foreclosures, and improving market conditions offers a glimmer of hope for property owners and investors alike.

Columns & Departments

Real Property Law

New York Real Estate Law Reporter Staff

Scouting Organization's Adverse Possession Claim Against County Land Fails Easement Not Subject to Termination Under RPAPL 1951 Doctrine of Emblements Might Sustain Former Tenant's Claim to Crops Church Property Tax Exempt Because Town Did Not Establish Zoning Violation

Features

Law Firm Real Estate: Attorney Offices Are Out, Conference Rooms Are In Image

Law Firm Real Estate: Attorney Offices Are Out, Conference Rooms Are In

Alaa Pasha

Law firms are navigating a paradigm shift in how they approach office space. With the rise of flexible workplaces, firms are finding that when their attorneys do come into the office, the main goal is to connect and collaborate with peers — and this shift has transformed how law firms address their real estate needs.

Columns & Departments

Development

New York Real Estate Law Reporter Staff

Landowner Did Not Establish Nonconforming Use Protection Zoning Board of Appeals Misconstrued Town Code Definition NYU Has Standing to Challenge Zoning Amendment

Features

Leveraging Qualified Opportunity Funds to Minimize Tax Liability Image

Leveraging Qualified Opportunity Funds to Minimize Tax Liability

David S. Cohen & Liam T. Krahe

As the year winds down, savvy real estate investors are searching for ways to minimize their tax liability. One powerful strategy to consider is the qualified opportunity fund (QOF), offering significant tax advantages while promoting long-term growth.

Features

Commercial Property Insurance: How Much Coverage Do You Really Have? Image

Commercial Property Insurance: How Much Coverage Do You Really Have?

Chris Kuleba, Harrell Watts II & Evan Knott

While in many cases involving a substantial property loss the applicable insurance policy limit is clear, in some cases it is not, and the amount to which the policyholder is entitled is governed by a confluence of policy provisions informed by applicable state law.

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