Launching a successful business requires talent, the commitment of many people, dedication and of course, a clear cut plan and strategy. Just like launching a business, a co-op or condo needs this kind of support when it makes the transition from sponsor-run to board run.
Read more %1$sReaching for the Sun: Is It Possible to Own Too Much Real Estate?
When the credit crisis hit and the real estate market all but collapsed, news of disgraced developers became commonplace, their tales more often than not layered with intrigue.
Read more %1$sQ & A: The Inquiring Mind- Renting Only to People with Paying Jobs, New York Housing Journal
I want to adopt a policy of renting only to people who have paying jobs. Is this considered a violation of any fair housing laws?
Read more %1$sKeeping Window Guard Notices, New York Apartment Law Insider
I know that the city’s lead-based paint law requires me to keep the lead-based paint notices I get back from tenants for 10 years. But what about the window guard notices returned by tenants. Am I legally required to keep those returned window guard notices and, if so, for how long?
Read more %1$sNew York State Bar Association Hosts Webcast for 2,000 Attorneys on How to Assist Superstorm Sandy Victims
More than 2,000 people – including attorneys from 28 states and three other countries – participated in a webcast for lawyers seeking to provide legal assistance to victims of Superstorm Sandy.
Read more %1$sLenders can foreclose on properties, even after losing the note
Prominent real estate attorney Joseph Forte recently wrote about “… the prospect of refinancing nearly $1.8 trillion of existing U.S. commercial real estate debt in the next five years.â€
In order to complete this task and to ensure that investors and lenders are willing to lend money to building owners, we must have a judicial system that is going to honor the contracts entered into with borrowers.
Read more %1$sFinding individual tort liability for cooperative and condominium board members, the Appellate Division takes a large scalpel to business judgment rule
Recently, the Appellate Division First Department, in Fletcher v. Dakota, Inc.,1 held that the business judgment rule does not protect individual condo and co-op board members from personal tort liability where a board acting in its corporate capacity has acted in bad faith, but where it is not alleged that defendant board members have committed a tort independent of the tort committed by the board itself.
Read more %1$sResidential landlords offer rent abatements to tenants stranded by Sandy
November 08, 2012 05:30PM By Katherine Clarke In the wake of Hurricane Sandy, several of the city’s largest residential landlords have announced that they are providing comprehensive rent abatements to
Read more %1$sA Guide to Getting and Using Insurance After the Hurricane
The first step to filing an insurance claim is figuring out whether or not you have insurance. The good news is that if you live in an area where your home was likely to be damaged by Hurricane Sandy, there’s a decent chance you do.
Read more %1$sPost-Sandy Legal Advice on Real Estate, Insurance and Property Issues
Because lenders mandate that homeowners in flood zones obtain flood insurance as a prerequisite to lending, most homeowners in flood zones will have flood insurance protection. There are three general types of flood insurance policies: the Dwelling Policy (includes condo unit owners), the General Property Policy and the Residential Condominium Building Association Policy.
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