This article discusses the competing interests and criteria of landlords and tenants in defining fair market value, explores various mechanisms used for resolving disputes over fair market rental rates, and concludes with proposed language that represents a healthy compromise for both sides.
In Matter of Avella v. City of New York, the Court of Appeals enjoined development of a retail mall on what is now Citi Field's parking lot, holding that the development proposal would constitute an impermissible alienation of parkland by the City of New York.
Discussion and analysis of a case involving enclosing a balcony.
Part Two of a Two-Part Article
Last month, the authors outlined three types of provisions that can ease a commercial landlord's efforts to enforce the terms of a lease when a tenant defaults: clauses related to additional rent, rent acceleration and late charges. They continue here with two more lease-drafting ideas for minimizing the effects of tenant default.
In April, the Court of Appeal of Florida, First District, determined in that condominium owners who rented their properties to vacationers through the online service VRBO2 had not violated restrictive covenants not to conduct business in their units. Here's an analysis of the case.
Discussion and analysis of two pivotal cases.
