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Columns & Departments

Development Image

Development

NYRE Staff

Neighbor Lacked Standing to Challenge Nonconforming Use Determination Parking Congestion Allegations Insufficient to Confer Standing Council's Approval of PUD Upheld Neighbor Had No Standing to Challenge SEQRA Determination

Columns & Departments

Real Property Law Image

Real Property Law

NYRE Staff

Open Use of Driveway Provides Constructive Notice of Unrecorded Easement Subsequent Purchaser Qualifies As Bona Fide Purchaser Despite Notice of Prior Purchaser's Appeal Notice of Pendency Not a Substitute for Recording Defect In Original Foreclosure Precludes Reforeclosure Sellers Who Paid Tax Are Entitled to Refund of Overpayment Easement Holder Has Right to Erect Dock

Features

Can ChatGPT Take the Place of Real Estate Lawyers? Image

Can ChatGPT Take the Place of Real Estate Lawyers?

Tony Alfonso

While we marvel at the myriad applications of ChatGPT, it's important to note that this newly introduced tool has nuances which can create problems if misunderstood — especially when attempting to produce legal documents or legal advice in real estate transactions.

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

NYRE Staff

Issues of Fact Preclude Summary Judgment on Habitability Claim

Features

The Impact of Fed Rate Hikes on CRE Financing Image

The Impact of Fed Rate Hikes on CRE Financing

Erik Sherman

When experiencing pain, the natural human response is to ask when it might stop. That is what commercial real estate, among other industries, have been doing. When will inflation end and the Federal Reserve stop hiking rates?

Features

Rights of Tenant to Security Deposit When Landlord Files for Bankruptcy Image

Rights of Tenant to Security Deposit When Landlord Files for Bankruptcy

Andrew C. Kassner & Joseph N. Argentina Jr.

As we debate whether there will be a "soft" or "hard" landing of the economy and the resulting effect of different landings on the volume of bankruptcy filings, it is helpful to review how a bankruptcy filing affects not only rights between a creditor and the debtor, but also the respective rights of creditors against property held by the debtor.

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

NYRE Staff

Amendment of Bylaws Relieves Condominiums of Obligation to Use Association for Repair Services

Features

Crypto Collapse Gives View of 'Property' Values In the Metaverse Image

Crypto Collapse Gives View of 'Property' Values In the Metaverse

Jack Rogers

Before CRE owners and operators create that experiential virtual shopping mall or virtual office on a metaverse platform for their tenants, they need to make sure the tenants won't decide that the virtual experience is so good that they no longer have any use for the built portfolio.

Columns & Departments

Development Image

Development

NYRE Staff

Invalid Condition on Special Permit Does Not Invalidate Permit Landmark Commission's Certificate of Appropriateness Upheld Area Variances Upheld Negative Declaration on Zoning Amendment Upheld BSA Misconstrued Curb Level Provision In Zoning Resolution

Features

How Much Deference to Public Use Determinations? Image

How Much Deference to Public Use Determinations?

Stewart E. Sterk

How closely will New York courts scrutinize exercises of the eminent domain power? Until recently, courts have been quite deferential when entities clothed with eminent domain power have determined that private property is necessary for public use. Two recent decisions, however, suggest that there are limits to that deference.

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