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Features

Transitional Housing Arrangements Are Not Illusory Tenancies Image

Transitional Housing Arrangements Are Not Illusory Tenancies

Nativ Winiarsky

The Appellate Division Second Department recently issued a landmark ruling in Sapp et al v. Clark Wilson et al concerning two hot button issues; namely illusory subtenancies and status of transitional occupants.

Columns & Departments

Development

NYRE Staff

Local Law Prohibiting Drive-Through Windows Requires Full Environmental Assessment Form Area Variance Denial Upheld Redevelopment Project Did Not Transfer Inalienable Parkland Town Board Took Requisite Hard Look At Environmental Impact of Mixed-Use Development Court Rejects Claim of Conspiracy to Violate Vested Rights

Features

Can a Tenant Enforce a Right of Refusal In Third-Party Sale? Image

Can a Tenant Enforce a Right of Refusal In Third-Party Sale?

Alan Nochumson & Alex Goldberg

In Tri-Outdoor v. Keyser, the Pennsylvania Superior Court recently addressed whether a tenant could specifically enforce a right of first refusal provision contained in a lease agreement where the landlord sold the leased premises to a third-party purchaser.

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Real Property Law

NYRE Staff

Buyer's Anticipatory Repudiation Results In Forfeiture of Down Payment Constructive Trust Claim Supports Notice of Pendency

Features

When to Raise Equity Capital In a Fund Structure Image

When to Raise Equity Capital In a Fund Structure

Joseph J. Ori

Gravitating to a fund structure is also no easy task and as with any investment program, the first one is always the most difficult. However, the benefits far outweigh the costs for any experienced real estate investment firm. The primary concern with a fund structure is who will sell the equity in the fund.

Columns & Departments

Landlord & Tenant Law

NYRE Staff

Double Rent Holdover Provision Enforceable; Late Fee Unenforceable As a Penalty Extrinisic Evidence Inadmissible to Vary Terms of Lease Agreement Court Upholds Holdover and Prejudgment Interest Provisions Unsigned Lease Agreement Not Binding

Features

Rulings on COVID-19 Defenses In Commercial Real Estate Image

Rulings on COVID-19 Defenses In Commercial Real Estate

Massimo F. D'Angelo & Gregory Wong

Despite some new variants and a possible resurgence in the fall, the pandemic closures seem to be finally coming to an end. And with it, so too have most of the COVID-19 defenses in court cases involving commercial leases. However, all may not be foreclosed for a commercial tenant, particularly where a tenant is able to point to a specific provision of its lease that could excuse its obligation to pay rent during the closure of its business.

Columns & Departments

Eminent Domain Law

NYRE Staff

Claimants Failed to Establish That Property Would Have Been Rezoned Increased Award Proper Where Prior Regulation Might Have Constituted a Taking

Columns & Departments

CRE Case Roundup

CLLS Staff

A compilation of commercial real estate rulings in courts across the country.

Features

Removing Restrictive Covenants Image

Removing Restrictive Covenants

Stewart E. Sterk

In Rockwell v. Despart, the Third Department recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?

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