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In an action to recover a brokerage commission, broker appealed the New York Supreme Court’s denial of its summary judgment motion. Douglas Elliman of LI, LLC v. Roselle Building Co, Inc., NYLJ 2/14/22, p. 25, col. 2 AppDiv, Second Dept. (memorandum opinion). The Appellate Division affirmed, holding that questions of fact remained about seller’s liability for a commission after expiration of the brokerage agreement.
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Options for Commercial Property Owners With Distressed Assets
By William (Bill) Lobel
Cyclical challenges in the economy are nothing new, and 2022 is shaping up to be that kind of year for business owners nationwide. This is likely to result in a greater need for the services of bankruptcy attorneys as business owners face a mounting wave of distressed financial assets.
Effects of Inflation on Commercial Real Estate
By Steven J. Reed
While growth of the job market and the economy are the most important factors affecting commercial real estate, the emergence of historic rising inflation has its effects as well.
New Workplace Strategies for Commercial Real Estate Companies
By Kelsi Borland
Almost every company is rethinking workplace strategy in the wake of the pandemic — and commercial real estate companies, which are office users in their…
7 Post-Pandemic Commercial Property Tax Tips
By Cris K. O’Neall
As post-pandemic market values fluctuate due to higher prices, property owners need to adopt strategies to keep their assessed property values down. As we emerge from COVID-19 here are seven key considerations to minimize property tax assessments even as prices increase.
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