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Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

New York Real Estate Law Reporter Staff

Summary Judgment Denied In Trespass and Nuisance Claim Against Upstairs Neighbor

Features

NYC Local Law 18 On Short-Term Rentals Takes Effect Image

NYC Local Law 18 On Short-Term Rentals Takes Effect

Matthew A. Ulmann

New York City's Short-Term Rental Registration Law (Local Law 18), which directly impacts the ability of an individual unit owner to rent his or her apartment on a short-term basis, took effect on Sept. 5, 2023.

Features

Is the Receiver or Debtor More Likely to Preserve and Maximize the Value of the Property In a Bankruptcy? Image

Is the Receiver or Debtor More Likely to Preserve and Maximize the Value of the Property In a Bankruptcy?

Andrew C. Kassner & Joseph N. Argentina Jr.

Many clients are not aware that the Bankruptcy Code provides that, upon the filing of a bankruptcy case, the receiver is required to give back possession of the mortgaged property to the debtor unless the lender obtains an order from the Bankruptcy Court excusing the receiver from this requirement.

Features

Evaluating Commercial Leases Post-'Rohrmoos' Image

Evaluating Commercial Leases Post-'Rohrmoos'

Troy "T.J." Hales & Kimberly A. Cruz

Rohrmoos should encourage lawyers drafting leases, and those in lease disputes, to account for some new practical considerations. The drafting attorney should — if they are not already — include a clause in the lease expressly stating the parties' covenants are independent from one another.

Features

Local Law 18: A Change to Short-Term Rentals In New York City Image

Local Law 18: A Change to Short-Term Rentals In New York City

Matthew A. Ulmann

On Sept. 5, 2023, the New York City Short-Term Rental Registration Law (Local Law 18) took effect which directly impacts the ability of an individual unit owner to rent his or her apartment on a short-term basis.

Features

Are Law Firms' Real Estate and Tech Spending Invariably at Odds? Image

Are Law Firms' Real Estate and Tech Spending Invariably at Odds?

Patrick Smith

But in place of the common assumption from the COVID years that real estate and technology spending were inversely related, it's becoming increasingly clear that the two line items — which trail only talent on the overall cost hierarchy — have a more complex relationship.

Features

2024 Could Mark a Turning Point for Office Sector Image

2024 Could Mark a Turning Point for Office Sector

Philippa Maister

The drumbeat of bad news from the office sector has been so pervasive over the past years that it has almost become a fact of life. But a new report suggests that 2024 could mark a turning point — with the possibility in a few years that demand for office space will exceed supply.

Columns & Departments

Development Image

Development

New York Real Estate Law Reporter Staff

Contract Vendee Lacks Standing to Challenge Denial of Permit Application Board's Denial of Site Plan Approval Invalidated Inadequate SEQRA Review Requires Denial of Site Plan Approval

Features

Rite Aid Rejects 168 Store Leases As Part of Bankruptcy Image

Rite Aid Rejects 168 Store Leases As Part of Bankruptcy

Jack Rogers

Unable to absorb the potential cost of federal, state and private lawsuits over allegations that it, along with other drugstore chains, oversupplied prescription painkillers, Rite Aid filed for bankruptcy protection in September.

Columns & Departments

Real Property Law Image

Real Property Law

New York Real Estate Law Reporter Staff

Prescriptive Easement Counterclaim Dismissed Implied Easement Claims Rejected Questions of Fact Preclude Summary Judgment on Adverse Possession Claim Broker Failed to Establish Implied Contract Questions of Fact Remained About Whether Encroachment Was De Minimus

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