Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

Stewart Sterk

Guaranty Did Not Extend Past Lease Term Holdover Rent Award Reduced Tenant Is Entitled to Yellowstone Injunction Despite Failure to Attempt to Cure

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

Stewart Sterk

Shareholder's Failure to Seek Relief During Cure Period Bars Preliminary Injunction Non-Purchasing Senior Citizens Not Protected Against Eviction Upon Conversion Occupant of Rent Stabilized Co-Op Unit Entitled to Succession Rights

Features

Open Space and the Conundrum of High Stakes Zoning Disputes Image

Open Space and the Conundrum of High Stakes Zoning Disputes

Philip E. Karmel, James P. Colgate & Judith M. Gallent

The New York Court of Appeals' recent decision in Peyton v. BSA held, in the context of a zoning lot containing several residential buildings, that the Zoning Resolution of the City of New York does not require an area to be accessible to all residents of the zoning lot for the area to qualify as "open space."

Features

NY Court of Appeals Rules on Damages Clauses In Commercial Leases Image

NY Court of Appeals Rules on Damages Clauses In Commercial Leases

Linton Mann III & William T. Russell Jr.

In The Trustees of Columbia University in the City of New York v. D'Agostino Supermarkets, the NY Court of Appeals split on the issue of whether the relevant damages clause in a commercial lease was unenforceable as a matter of law because it was so grossly disproportionate to the ascertainable amount due upon full performance.

Features

The Small Business Reorganization Act: How It Started. How it's Going. Where to Next? Image

The Small Business Reorganization Act: How It Started. How it's Going. Where to Next?

Jack O'Connor

This article provides a brief overview of the SBRA and these first several months of its use — especially in light of the COVID-19 pandemic — concluding that in 2021, Congress should permanently adopt the CARES Act's expanded definition of a "small business debtor" as including businesses with up to $7.5 million in aggregate non-contingent liquidated debts.

Features

Challenges for Real Estate Lenders When Borrowers Default Image

Challenges for Real Estate Lenders When Borrowers Default

Jeffrey Steiner & David Broderick

During periods of distress in the real estate industry, if a lender is not going to enter into a consensual workout or loan restructuring with their defaulted borrower, the lender will be presented with the choice of either enforcing rights under its loan documents or marketing and selling the distressed loan.

Features

Law Firms Renegotiating Leases to Reflect 'New Normal' Image

Law Firms Renegotiating Leases to Reflect 'New Normal'

Justin Henry

As their commercial leases approach expiration and renewal, law firms are renegotiating the future of in-office legal work. For many, the "new normal" will feature an efficient floor plan that deemphasizes personal offices while paradoxically accommodating a growing attorney headcount.

Features

The NY Court of Appeals Provides Important Guidance for Lease Surrender Agreements Image

The NY Court of Appeals Provides Important Guidance for Lease Surrender Agreements

Bruce H. Lederman

At a time when the COVID-19 crisis is causing an unprecedented number of lease defaults, a recent NY Court of Appeals decision provides both guidance and warnings to attorneys asked to negotiate and litigate leasehold surrender agreements.

Features

The NY Court of Appeals Provides Important Guidance for Lease Surrender Agreements Image

The NY Court of Appeals Provides Important Guidance for Lease Surrender Agreements

Bruce H. Lederman

At a time when the COVID-19 crisis is causing an unprecedented number of lease defaults, the recent Court of Appeals decision, The Trustees of Columbia University v D'Agostino Supermarkets, Inc., provides both guidance and warnings to attorneys asked to negotiate and litigate leasehold surrender agreements.

Columns & Departments

Development Image

Development

Stewart Sterk

Use Variance Not Necessary for Use of Home As AirBnB Rental Merger of Back-to-Back Lots

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES