Savvy commercial real estate (CRE) borrowers and lenders seeking to minimize downside exposure pay close attention to the triggers for...
Perspectives
Experiential learning can be transformative for law students who incorporate career clinics, externships, and internships as part of...
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In this ongoing article series with Citybiz, members of the Goulston & Storrs Commercial Real Estate Workouts Group keep you up to date...
As U.S. businesses face ongoing economic headwinds, commercial lenders are acting more aggressively to reduce their exposure to rogue...
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WeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace...
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As keen observers are already aware, reports of the “death of brick-and-mortar” retail have been greatly exaggerated. Neither the...
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Financial institutions seeking to recover on promissory notes and unconditional guarantees can often obtain quick relief from CPLR 3213,...
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You just finished the foreclosure process but the asset securing the loan was not worth enough to recover the entire amount of the debt....
When an event of default occurs under a mortgage loan, the lender’s first thought might be, “How will we get repaid?”, while the...
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With rising interest rates, the economic slowdown, and an uptick in distressed real estate, commercial borrowers and lenders are...
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In cities across the country, “for lease” signs dot the downtown landscape. The pandemic aftermath – with employers maintaining hybrid or...
Amid soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly...
Read more from attorney Brian Cohen in this Commercial Observer article.
New York City Mayor Eric Adams announced seven key features of his administration’s “City of Yes” plan in September. Designed to update...
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Justice Francis A. Kahn III, who presides over Part 32, the Mortgage Foreclosure and Mortgage Auction Part in Supreme Court, New York...
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The uptick in commercial foreclosures, combined with the still-lingering pandemic-induced delays, has created an environment,...