A state Supreme Court judge dismissed a suit by retired New York firefighter who alleged the proposed Park51 Islamic cultural center in Lower Manhattan inflicted emotional distress on him.
Read more %1$sReaching for the Sun: Is It Possible to Own Too Much Real Estate?
When the credit crisis hit and the real estate market all but collapsed, news of disgraced developers became commonplace, their tales more often than not layered with intrigue.
Read more %1$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$sResidential landlords offer rent abatements to tenants stranded by Sandy
November 08, 2012 05:30PM By Katherine Clarke In the wake of Hurricane Sandy, several of the city’s largest residential landlords have announced that they are providing comprehensive rent abatements to
Read more %1$sMtn. Law: Must a seller of real estate disclose defects to a potential buyer?
Must a seller of real estate disclose the property’s defects to a potential buyer? The general rule is caveat emptor (buyer beware). This means buyers are responsible for reasonably investigating what they are buying before buying it. The caveat emptor rule is supported by the language of widely used standard contract forms promulgated by the Colorado Real Estate Commission, which state: “Unless otherwise provided in this Contract, Buyer acknowledges that Seller is conveying the Property to Buyer in an ‘as is’ condition, ‘where is’ and ‘with all faults.’â€
Read more %1$sStudy: Consumers taking out reverse mortgages earlier
Borrowaers risk running out of resources later in life By Eileen Ambrose, The Baltimore Sun Much of the wealth of millions of baby boomers is tied up in their houses
Read more %1$sReal Estate Q&A with Dave Kimbrough
By Special to the Sentinel Dear Dave I have about 150K that I am wanting to invest in a rental property while the market is still considered a “buyers’ marketâ€.
Read more %1$sWhat’s The Best Way To Invest In Real Estate?
By NuWire Investor Investors have been debating this question for years. Purely in terms of investment, is it better to invest in the real estate market through the purchase of
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