Features
Adrienne B. Koch
&
Neil S. Miller
Commercial real estate is a unique asset, making damages resulting from a breach of an agreement involving it are often difficult to measure. As a result, parties to such agreements must give careful thought to the remedies for such breach, including liquidated damages.
Features
Richard Berger
The full pain of the post-pandemic office market hasn't been felt, since many tenants still have time left on their leases. As these leases expire, many tenants will either reduce their size or simply not renew their leases. This phenomenon means a long-term (if not permanent) reduction in the demand for office space.
Features
Cedra Mayfield
As pandemic-related business disruptions continue to appear on dockets statewide, a reversal by the Georgia Court of Appeals has clarified what does, or rather does not, constitute a landlord's acceptance of a tenant's surrendered lease.
Features
Joseph J. Ori
There are many positive words and terms of wisdom in the CRE industry: That was a great deal, great management equals great value, etc. Conversely, there are also some very scary words and phrases in the CRE industry. Below are 10 of the worst.
Features
Gary M. Rosenberg, Alexander Lycoyannis
&
Michael A. Pensabene
Undefined terms of art such as "best efforts" are often utilized in commercial leases, but the interpretation of those terms and the enforceability of the clause, when left to the courts, will turn on how the lease is drafted.
Features
Matthew Schneid
Local Law Number 97 was enacted by the City of New York to achieve reductions in greenhouse gas emissions by 2050. This is accomplished by requiring buildings to retrofit their systems with more energy efficient systems or purchase certain permitted carbon offsets.
Features
Matthew Schneid
New York City's Local Law Number 97 was enacted to amend the New York City Charter and Administrative Code to achieve reductions in greenhouse gas emissions by 2050. This is accomplished by requiring buildings to retrofit their systems with more energy efficient systems or purchase certain permitted carbon offsets.
Features
Chad Kurz
Transactions have slowed in just about every category for commercial real estate and net lease is no exception. The reasons are myriad for that but let's boil them down.
Columns & Departments
NYRE Staff
Neighbor Lacked Standing to Challenge Nonconforming Use Determination
Parking Congestion Allegations Insufficient to Confer Standing
Council's Approval of PUD Upheld
Neighbor Had No Standing to Challenge SEQRA Determination
Columns & Departments
NYRE Staff
Open Use of Driveway Provides Constructive Notice of Unrecorded Easement
Subsequent Purchaser Qualifies As Bona Fide Purchaser Despite Notice of Prior Purchaser's Appeal
Notice of Pendency Not a Substitute for Recording
Defect In Original Foreclosure Precludes Reforeclosure
Sellers Who Paid Tax Are Entitled to Refund of Overpayment
Easement Holder Has Right to Erect Dock
