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Recently the United States District Court for the Southern District of New York grappled with issues relating to local zoning restrictions on houses of worship. In Orthodox Jewish Coalition of Chestnut Ridge v. Village of Chestnut Ridge, New York, 19-CV-443 (KMK) (March 31, 2021), the court addressed the application of the Religious Land Use and Institutionalized Persons Act (RLUIPA), along with the Equal Protection Clause and a number of procedural issues relating to a motion to dismiss.
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By Jeffrey B. Steiner and David Broderick
This article discusses several topics that lenders should consider when making loans to borrowers that are indirectly funded using crowdfunded equity.
By Michael Rikon
Valuation of real estate during contemporary times is challenged and will continue to be so for several years. In a forced sale, a court should only consider pre-COVID-19 data whether it be comparable sales from 2018-2019, or financial data from the same period.
By Megan E. Moyer and Kevin M. Levy
In states where they are enforced, a properly drafted confession of judgment clause in a commercial lease can be one of the most valuable tools in a landlord’s toolkit for enforcing its leases and preserving its remedies.
By Les Shaver
Significant concerns aren’t necessarily issues caused by real estate lending, borrowing or underwriting. They’re caused by government policy.