Oct 23, 2023 Commercial condominium conversions offer flexibility in a challenged NYC office market By George Evans Kristen Liang Hara Perkins With the current state of the real estate market, building owners and developers should consider utilizing the flexibility of the...
Oct 23, 2023 To deed, or not to deed: The pros and cons of a deed in lieu By Alexander Berger Rajinder Saini Amid soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly...
Oct 19, 2023 Going Paperless in the Land of Commercial Real Estate By Derek Domian Molly Quinn Since the 17th century, the “statute of frauds” has required contracts or agreements for the sale or transfer of land to be in writing,...
Oct 18, 2023 Hits to CMBS and CLOs Are Bad News for Commercial Real Estate Financing By Brian Cohen Read more from attorney Brian Cohen in this Commercial Observer article.
Oct 18, 2023 The “City of Yes” Plan: Seven Proposed Changes to Alleviate NYC’s Housing Crisis By George Evans Andrew Shaw New York City Mayor Eric Adams announced seven key features of his administration’s “City of Yes” plan in September. Designed to update...
Oct 17, 2023 Need to Know: SEC’s New Private Fund Rules By Jaclyn Grodin David Coombs To view a PDF of the below information, please click here. The Securities and Exchange Commission (“SEC”) recently adopted sweeping new...
Oct 10, 2023 Justice Kahn Reminds Litigants Of the Risk of Legal Fee Awards By Charles Jacob III Justice Francis A. Kahn III, who presides over Part 32, the Mortgage Foreclosure and Mortgage Auction Part in Supreme Court, New York...
Oct 06, 2023 What happens when lenders cannot schedule a foreclosure sale within the 90-day statutory time period? By Jonathan Hayden Charles Jacob III The uptick in commercial foreclosures, combined with the still-lingering pandemic-induced delays, has created an environment,...
Oct 04, 2023 Law of the Land - Real Estate Litigation Newsletter By Mariana Korsunsky Kevin O'Flaherty Gary Ronan John White III +1 more... Show less Cases of Note EVALUATING EFFECTIVE NOTICE IN EXERCISE OF OPTIONS Sourcing Unlimited, Inc. v. Cummings Properties, LLC, 102 Mass. App. Ct....
Oct 04, 2023 Massachusetts Doubles Estate Tax Threshold as Part of $1 Billion Tax Reform Act By Matthew Hillery John Ramsey On October 4, 2023, Massachusetts enacted a new law called “An Act to improve the Commonwealth’s competitiveness, affordability, and...