25 Sep, 2024 Different Sectors, Same Page By George Evans I recently attended the IMN Distressed CRE Forum in New York, alongside my colleagues Brian Cohen, Zev Gewurz and Doug Rosner. It was...
16 Sep, 2024 Navigating Lender Liability Complexities & Minimizing Risk By Zev Gewurz Jaclyn Grodin Charles Jacob III Douglas Rosner Adam Safer Eric Seltzer +3 more... Show less As lenders and borrowers try to get creative in working through ongoing distress in the real estate market, especially in certain asset...
15 Aug, 2024 City of Boston Office to Residential Conversion Program Extension By David Ingraham Matthew Kiefer David Linhart In June, Mayor Wu announced the extension of the City of Boston's Office to Residential Conversion Program with $15 million in additional...
12 Jun, 2024 Commercial Real Estate Note Purchases: Lender’s Loss, Investor’s Gain By Timothy John Carter Frank Ditta Zev Gewurz Jonathan Stein +1 more... Show less In this ongoing article series with Citybiz, members of the Goulston & Storrs Commercial Real Estate Workouts Group keep you up to date...
01 Feb, 2024 Lenders Seek to Avoid Creditor Violence By Timothy John Carter Pamela MacKenzie James Wallack As U.S. businesses face ongoing economic headwinds, commercial lenders are acting more aggressively to reduce their exposure to rogue...
22 Jan, 2024 Newly Launched NYC Office Conversion Accelerator Program By Frank Ditta George Evans Hara Perkins Andrew Shaw +1 more... Show less In August 2023, New York City Mayor Eric Adams and the New York City Department of City Planning announced three major initiatives to...
18 Jan, 2024 Thriving in 2024: Brick-and-mortar retail is back in fashion By Brendan Smith Jennifer Jones Karen O'Malley Lawrence Ferris +1 more... Show less As keen observers are already aware, reports of the “death of brick-and-mortar” retail have been greatly exaggerated. Neither the...
22 Dec, 2023 Apartments in the suburbs By David Linhart Amy Dain’s November 2023 report on exclusionary zoning in Boston’s suburbs details how White neighborhoods either prohibited apartment...
28 Jul, 2023 After EPA Rule Changes, Which ASTM Phase I ESA Standard Should You Use? By Henry Edward Abelson Justin Rheingold On November 1, 2021, ASTM International released its revised standard for Phase I Environmental Site Assessments. On March 14, 2022, the...
10 Jul, 2023 Inside the Room: How Handing Back the Keys On Commercial Real Estate Works By Brian M. Cohen “As a borrower, you must do the groundwork to understand the nonrecourse carve-outs of your loan and what your personal guarantee...
22 Mar, 2023 Biden’s FY2024 Budget: Key Real Estate Tax Proposals By Gerret Baur Martha Nahill Frahm Abe Leitner On March 9, 2023, President Biden released his FY2024 budget (the “FY2024 Budget”), and the U.S. Treasury released the so-called “Green...
06 Jan, 2023 Representation & Warranties Insurance in Commercial Real Estate Transactions By Gregory Kaden Zev Gewurz Insurance is coming to real estate in new and important ways. Investors in real estate have long had a variety of structuring options...
07 Nov, 2022 Real Estate Attorneys Focus on the Future By Eric Seltzer Crain's New York Business The real estate industry is undergoing considerable challenges. To reduce the many risks and solve problems,...
12 Sep, 2022 Tax Aspects of Modern Sale-Leasebacks of Real Property By Jonathan Stein Abe Leitner The modern ground lease appears to have gotten started with Safehold’s initial public offering in 2017. As of August 18, Safehold’s...
07 Aug, 2022 CRE Relieved As U.S. Senate Passes Landmark Inflation Reduction Act Without Carried Interest Cut By Abe Leitner In a rare weekend session, the U.S. Senate passed its landmark $430B Inflation Reduction Act of 2022, leaving out the carried interest...
12 Apr, 2022 Biden’s FY2023 Budget: Key Real Estate & Corporate Tax Proposals By Gerret Baur Martha Nahill Frahm Abe Leitner On March 28, 2022, President Biden released his FY2023 budget (the “FY2023 Budget”), and the U.S. Treasury released the so-called “Green...