High National Debt Is Bad for CRE
December 01, 2024
The federal debt is a huge number at $36 trillion. That has major implications for the government and the economy. Debt numbers this large automatically send out ripples the size of tsunamis. Some of them could wash over long-term Treasury yields and then flood the cost of commercial real estate capital.
Slight Decrease In Commercial Foreclosures Hints at Market Stabilization
November 01, 2024
While the commercial real estate market faced significant headwinds in 2024, recent data suggests that the tide may be turning. The combination of lower interest rates, a decline in foreclosures, and improving market conditions offers a glimmer of hope for property owners and investors alike.
Real Property Law
November 01, 2024
Scouting Organization's Adverse Possession Claim Against County Land Fails
Easement Not Subject to Termination Under RPAPL 1951
Doctrine of Emblements Might Sustain Former Tenant's Claim to Crops
Church Property Tax Exempt Because Town Did Not Establish Zoning Violation
Law Firm Real Estate: Attorney Offices Are Out, Conference Rooms Are In
November 01, 2024
Law firms are navigating a paradigm shift in how they approach office space. With the rise of flexible workplaces, firms are finding that when their attorneys do come into the office, the main goal is to connect and collaborate with peers — and this shift has transformed how law firms address their real estate needs.
Leveraging Qualified Opportunity Funds to Minimize Tax Liability
November 01, 2024
As the year winds down, savvy real estate investors are searching for ways to minimize their tax liability. One powerful strategy to consider is the qualified opportunity fund (QOF), offering significant tax advantages while promoting long-term growth.
Commercial Property Insurance: How Much Coverage Do You Really Have?
November 01, 2024
While in many cases involving a substantial property loss the applicable insurance policy limit is clear, in some cases it is not, and the amount to which the policyholder is entitled is governed by a confluence of policy provisions informed by applicable state law.
Report: Window of Opportunity Opens for CRE Investment
November 01, 2024
After the last few years, a challenge for commercial real estate is knowing when to start investing again. Have markets hit bottom? Still, sinking down? The Federal Reserve cut rates by 50 basis points in September. Will they come down further? There's no guaranteed timing for investment success, but a recent Oxford Economics report suggests a window of opportunity that will be a good time to buy.
Landlord & Tenant Law
October 01, 2024
Holdover Tenant Liable for Breach of Covenant
Landlord's Acceptance of Rent for 20 Years Waived Right to Challenge Tenancy and to Prevent Exercise of Options to Renew
DHCR's Decision Destabilitzing Apartment Upheld