Features

Interest Rates Are 2024's Biggest Unknown
The Federal Reserve stands at a pivotal juncture as it deliberates on its interest rate policy for 2024. In the wake of tumultuous economic shifts brought about by the pandemic, the Fed faces the delicate task of balancing robust economic recovery against inflationary pressures that appear to be subsiding.
Features

Pace of Law Firm Leasing Picked Up At End of 2023, But Many Firms Shed Space
As Big Law firms push a return to the office, law firms continue downsizing their physical footprints, in line with a trend of fitting lawyers and staff into less space.
Features

Innovative Development Opportunities Abound In Philadelphia Commercial Land Condominiums
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

RLUIPA Claim Is Ripe for Judicial Review When Zoning Board Failed to Hear Appeal
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
Real Property Law
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
Landlord & Tenant Law
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
Co-ops and Condominiums
Tortious Interference Claim Dismissed
Columns & Departments
Development
City Had Authority Over Tree Removal on Privately Owned Streets
Features

Law Firms Embracing 'Hoteling' to Save On Office Lease Costs
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

Distressed Real Estate Filings to Continue
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.
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