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Features

Regulatory Compliance and Investor Demand for Transparency Driving ESG Efforts Image

Regulatory Compliance and Investor Demand for Transparency Driving ESG Efforts

Paul Bergeron

Regulatory considerations and investor demand for transparency are increasingly important drivers behind Environmental, Social and Governance (ESG) disclosure and reporting frameworks, according to a report issued by The CRE Finance Council (CREFC) based on responses from its members.

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

NYRE STaff

Class Certification Appropriate for Claim of Improper Deregulation

Features

High M&A Activity In CRE Expected to Continue, Despite Sky-High Pricing Image

High M&A Activity In CRE Expected to Continue, Despite Sky-High Pricing

Lynn Pollack

Merger and acquisition activity across the CRE spectrum is likely to continue to be high, though deals will likely be concentrated across the industrial and residential sectors, according to Deloitte.

Features

When Do COVID-19 Shutdown Orders Excuse Lease Guarantors? Image

When Do COVID-19 Shutdown Orders Excuse Lease Guarantors?

Stewart E. Sterk

Section 22-1005 of the New York City Administrative Code provides relief for individuals who guaranteed commercial leases when the tenant defaulted as a result of government orders issued during the early days of the COVID-19 pandemic. In recent months, however, litigation has emerged about the scope of that relief.

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

NYRE Staff

Questions of Fact Remain About Whether Landlord Had Released Corporate Tenant from Liability Yellowstone Injunction Does Not Require Proof of Likelihood of Success Guaranty Expired With Tenant's Initial Lease Term Illegal Use Does Not Preclude Rent Stabilization Status Guarantor Immunity Does Not Apply to Pre-COVID Breaches Class Certification Appropriate for Claim of Improper Deregulation

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

NYRE Staff

Statements By Condo Board Members Cloaked In Common Interest Privilege Shareholder Entitled to Maintenance Abatement for Breach of Warranty of Habitability

Columns & Departments

Real Property Law Image

Real Property Law

NYRE Staff

Deference to Trial Court's Determination on Mortgage Priority No Broker Commission for Sale After Expiration of Tail Period Co-Owner Who Did Not Execute Mortgage Not Subject to Equitable Lien By Mortgagee Insufficient Evidence of Delay to Support Laches Defense Against Claim to Set Aside Deed As a Forgery Statements Did Not Defeat Hostility In Adverse Possession Claim

Features

Applying 'Part Performance' In Practice Image

Applying 'Part Performance' In Practice

Adam Leitman Bailey & John M. Desiderio

The doctrine of part performance can overcome the strictures of the Statute of Frauds when parties enter into unwritten business deals, or into written business deals with unwritten ancillary terms and they do not contemplate all of the possible circumstances that might arise in the course of their dealings.

Features

Do COVID-19 Shutdown Orders Excuse Lease Guarantors? Image

Do COVID-19 Shutdown Orders Excuse Lease Guarantors?

Stewart E. Sterk

Section 22-1005 of the New York City Administrative Code provides relief for individuals who guaranteed commercial leases when the tenant defaulted as a result of government orders issued during the early days of the COVID-19 pandemic. In recent months, however, litigation has emerged about the scope of that relief.

Features

Law Firms Increasingly Opting for Relocations Rather than Renewals Image

Law Firms Increasingly Opting for Relocations Rather than Renewals

Jessie Yount

Law firms are increasingly opting for relocations rather than renewals, as firms look to sell talent on their unique identity and flexible approach to work.

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