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Features

Commercial Real Estate Market Lags Behind Residential Rebound Image

Commercial Real Estate Market Lags Behind Residential Rebound

Phillip Bantz

National Association of Realtors Survey Shows Most Commercial Tenants Struggling to Pay Rent While the residential real estate market is experiencing what appears to be a swift rebound from the coronavirus-induced slump, the commercial landscape still looks relatively bleak.

Features

Twitter Chat Recap Image

Twitter Chat Recap

ljnstaff

Several members of Commercial Leasing Law & Strategy's Board of Editors and contributors to Law.com and our ALM sibling GlobeSt.com took part in a Twitter chat on "Do We Need Offices Anymore?"

Features

Court of Appeals Upholds Pipeline Condemnation Image

Court of Appeals Upholds Pipeline Condemnation

Eamon P. Joyce & Cassandra Liu

This article focuses on a recent decision upholding a pipeline developer's exercise of eminent domain under New York law in National Fuel Gas Supply Corp. v. Schueckler.

Columns & Departments

Eminent Domain Law Image

Eminent Domain Law

ssalkin

Condemnee Entitled to Consequential Damages To Contiguous Parcel Valuation for Prospective Use Rejected

Features

Legal Office of the Future — Reimagined Image

Legal Office of the Future — Reimagined

Bella Schiro & Misun Yoon

Many in the legal economy may be asking themselves whether they need office space at all now that everyone has been forcibly migrated to cyberspace. But having experienced work from home for several months, there is a newfound appreciation for the office workplace. But what will the office look like when we return to it?

Features

Cash Flows for Commercial Leases During COVID-19 Image

Cash Flows for Commercial Leases During COVID-19

Jonathan Koevary & Robert Gagne

To say the least, for those companies that filed for bankruptcy on the eve of the COVID-19 shutdowns, the strategies — and available cash flows to pay landlords — did not go as planned.

Features

Mezzanine Lenders and Foreclosure Sales During COVID-19 Image

Mezzanine Lenders and Foreclosure Sales During COVID-19

Jeffrey B. Steiner & Scott A. Weinberg

This article reviews a recent case, D2 Mark LLC v. OREI VI Investments LLC, to understand how the court's decision may provide mezzanine lenders with guidance in structuring a UCC foreclosure sale auction in the COVID-19 landscape so as to strengthen their position against any claims by the mezzanine borrower that the sale is not commercially reasonable.

Features

Will Pandemic Lead to More SARE Filings? Image

Will Pandemic Lead to More SARE Filings?

Lidia Dinkova

Single-asset real estate bankruptcies (SAREs) are streamlined reorganizations for debt taken out by borrowers on just one property, giving them a three-month window to propose a restructuring plan.

Features

New York Court Allows J.Crew to Shutter Under Terms of Mall Lease Despite Continuous Operations Provision Image

New York Court Allows J.Crew to Shutter Under Terms of Mall Lease Despite Continuous Operations Provision

Danielle C. Lesser

Malls across America, long suffering even before the rise of COVID-19, are now forced to confront a wave of store closures. Troubled retailers will, without doubt, seek to close their failing mall locations. To stem these efforts, landlords have applied to courts for injunctive relief to force stores to remain open and operating, despite lagging sales, through the enforcement of the "continuous operations provision" found in mall leases.

Columns & Departments

Real Property Law Image

Real Property Law

ssalkin

Insufficient Hostility to Establish Title By Adverse Possession or Prescriptive Easement Adverse Possession Claim Against Governmental Land Upheld When Land Not Held for Governmental Purposes No Preliminary Injunction in Action to Declare Sale Contract Void

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