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Selective Reassessment of Only Commercial Properties Violates the Uniformity Clause Image

Selective Reassessment of Only Commercial Properties Violates the Uniformity Clause

Alan Nochumson & Clementa Amazan

The Commonwealth Court of Pennsylvania recently analyzed whether the City of Philadelphia's selective reassessment in tax year 2018 of only commercial properties at current market value violated the Uniformity Clause and the Assessment Law's requirement that the City assess all properties annually at actual market value.

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NY Appellate Courts Defer to Board of Standards In Zoning Cases Image

NY Appellate Courts Defer to Board of Standards In Zoning Cases

ssalkin

A recent case in New York's First Department highlights the extreme deference appellate courts accord Board of Standards and Appeals (BSA) determinations interpreting the extraordinarily complex zoning scheme.

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Retention of Title Disputes: Don't Take the Uniform Commercial Code for Granted Image

Retention of Title Disputes: Don't Take the Uniform Commercial Code for Granted

Eva D. Gadzheva, Jeremy M. Downs & David E. Morrison

This article reminds us of the conflict-of-laws analysis at the heart of such retention of title disputes, and then discuss the multi-step UCC analysis that is also required.

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COVID-19 and Lease Negotiations: Casualty Provisions Image

COVID-19 and Lease Negotiations: Casualty Provisions

Ann E. Ryan & Adrienne B. Koch

First in series of articles that will examine specific aspects of the COVID shift in which commercial lease negotiations are seeking protection against unlikely events. Part 1 focuses on casualty provisions.

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Migrating Businesses Help Grow South Florida CRE Market Despite, and Because of, the Pandemic Image

Migrating Businesses Help Grow South Florida CRE Market Despite, and Because of, the Pandemic

Melea VanOstrand

The South Florida office market has seen a shift due to COVID, with some downsizing and modifications of office buildings, but the influx of new potential tenants has helped mitigate any potential downsides other markets may have seen.

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Proposed Changes In UCC Address Virtual Currency Financing Image

Proposed Changes In UCC Address Virtual Currency Financing

Barbara M. Goodstein

Financial institutions are beginning to accept virtual currencies as collateral for financings. Could this become common for independent film productions and other entertainment industry ventures? This article examines the scope of UCC Article 9 with a focus on virtual currencies, taking into consideration issues of classification and perfection.

Features

Say it Ain't So! Tortious Interference with a Sublease By a Master Landlord Image

Say it Ain't So! Tortious Interference with a Sublease By a Master Landlord

Marisa L. Byram & Tyler V. Friederich 

A South Carolina appellate court recently affirmed a trial court's decision that a landlord had tortiously interfered with a sublease by terminating the master lease after a fire damaged the subject building and such landlord was liable to the subtenant for punitive damages.

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Force Majeure Clauses In Construction Contracts In the Aftermath of COVID-19 Image

Force Majeure Clauses In Construction Contracts In the Aftermath of COVID-19

Jeffery R. Mullen & Fred Warren Jacoby

We are only beginning to scratch the surface of the effect on the construction litigation visited on us by COVID-19-related impacts. However, the pandemic and its continuing impact has reinforced the importance of planning for the unexpected — and undefined — when negotiating construction contracts.

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Frustration-of-Purpose Use In Commercial Leases During the Pandemic Image

Frustration-of-Purpose Use In Commercial Leases During the Pandemic

Joshua Wurtzel

The use of the frustration-of-purpose doctrine to absolve commercial tenants of their obligation to pay rent could signal headwinds for the commercial real estate market — and the economy more generally.

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Strategies for Creating Value In Today's CRE Market Image

Strategies for Creating Value In Today's CRE Market

Joseph J. Ori

A look at some value-added strategies a commercial real estate owner/manager must adopt to create value in this tough environment.

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