NY Court of Appeals Clarifies Mechanics of ‘Good Guy’ Guaranties and Commercial Leasing
December 01, 2025
By giving preference to the guaranty’s release conditions and interpreting “surrender” in the guaranty to mean tenant-side relinquishment of possession and control, the court confirms that guaranty discharge can be self-executing, without the need for any landlord acknowledgment which was required under the prior prevailing authority on the subject.
Three Reasons Why Florida Commercial Real Estate Owners May Want to Continue Filing State Tax Returns
December 01, 2025
Some real estate projects may file a final sales tax return in October to report sales tax on rents related to September 2025 occupancy, the final month the sales tax on commercial leases was effective. However, there are three reasons why owners of commercial real estate projects may want to consider filing sales tax returns for three more years, even if they are merely “zero” returns.
Law Firm Leasing Keeps Growing; Accounts for 10.5% of All U.S. Office Leasing
December 01, 2025
With law firm leasing staying strong during the third quarter of 2025, the legal sector accounts for 10.5% of total U.S. office leasing for the first three quarters of the year, more than double the level in 2018, showing the strength of the legal leasing market, a new Savills Q3 report finds.
Commercial Lease Claims and Environmental Cleanup Claims In Bankruptcy Law
November 01, 2025
In this article, we report on two recent decisions. One involves the calculation of landlord damage claims under Section 502 of the Bankruptcy Code, and the other involves whether environmental clean-up claims under federal and state law for commercial real estate were discharged under a confirmed Chapter 11 plan.
What Award-Winning Firms Know About Equipment Strategy
October 31, 2025
Technology infrastructure now defines how law firms deliver service, manage compliance, and compete for clients. The most forward-looking firms are not just upgrading systems; they are transforming how they plan, finance, and govern their technology investments.
Commercial Real Estate Leases and Disposition of Environmental Claims
October 31, 2025
Since enactment of the Bankruptcy Code, certain types of claims continue to be vigorously litigated, perhaps because adjudication requires a fact-intensive analysis by the court. In the commercial real estate sector, such examples include landlord-tenant commercial real estate lease claims and the disposition of environmental cleanup claims under state and federal law.
Making the Case for ‘Time Is of the Essence’ Closings
October 31, 2025
The circumstances attending each purchaser’s or seller’s failure to close on the Time Is of the Essence closing date is always unique, and this has resulted in an innumerable variety of judicial decisions applied to ever-changing real estate scenarios.
Exploring the Passive Loss Tax Exemption for ‘Real Estate Professionals’ In the OBBBA
October 31, 2025
One often-overlooked provision that was made permanent by the One Big Beautiful Bill Act could have a significant negative impact on certain taxpayers, particularly those in the rental real estate industry. Many rental real estate owners qualify for the real estate professional exception and thus are not subject to the passive loss rules.
