The first completely updated edition of James Pedowitz’s legendary book including entirely new material with 34 chapters written by 30 of the most prominent real estate attorneys of our lifetime. Adam Leitman Bailey had the great honor of co-editing with First American’s Michael Berey. Editor(s): Adam Leitman Bailey, Esq.; Michael Berey, Esq.; Real Estate Titles: Full Article…
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Preparing Practitioners for the Next Disasters
By Adam Leitman Bailey, Dov Treiman and John Desiderio This article gives practical advice to lawyers to help their business clients and building owner clients best prepare for the effects of catastrophic disasters, natural and man-made. Introduction In the United States of America, the number of natural disasters has gradually increased. Most of the costliest Full Article…
COVID-19 Relief Legislation Tests Constitutional Limits
Local government in New York City has adopted recent legislation adversely impacting commercial landlords by abolishing personal guarantees that were used at lease inception, to induce those landlords to enter into those leases. Based upon longstanding legal precedent, this legislation could be found to be facially invalid on constitutional grounds. By Massimo F. D’Angelo | May 26, 2020 Full Article…
5 Pointers For Landlords Facing Tenant Bankruptcies
By William J. Geller We are in the calm before the storm. With the state court system shut down for non-emergency matters, and evictions and foreclosures stayed, businesses have little reason to file for bankruptcy now, even though the Bankruptcy Courts are open and working remotely. However, once the COVID-19 emergency measures ease, and the Full Article…
The Pandemic, Personal Privacy & the Law
By Adam Leitman Bailey and John M. Desiderio May 14, 2020 Editor’s note: This article is Part 2 of a two-part series from the authors examining some of the many legal questions and considerations raised by the global pandemic for co-op, condo, and HOA boards, as well as landlords and building owners. Click here to Full Article…
Residential Building Laws & the COVID-19 Pandemic
Past Precedents Can Inform Today’s Boards By Adam Leitman Bailey and John Desiderio May, 7 2020 Editor’s note: This article is Part 1 of a two-part series from the authors examining some of the many legal questions and considerations raised by the global pandemic for co-op, condo, and HOA boards, as well as landlords and Full Article…
Governor Extends Certain Condominium Offering Plan Deadlines
By William J. Geller, Adam Leitman Bailey, P.C. On April 16, 2020, Governor Cuomo issued Executive Order 202.18 (EO 202.18), which among other things, extended several deadlines applicable to condominium and cooperative offering plans. EO 202.18 tolls several deadlines that could prevent condo/co-op sponsors from completing and selling condo/co-op projects, though it does not significantly Full Article…
‘Regina’ Decision Nixes HSTPA’s Rent Overcharge Retroactivity
The ‘Regina’ decision will have significant reverberations for the real estate market going forward, as it will unfreeze the chill over the purchase and sale of rent-regulated buildings. By Massimo F. D’Angelo | April 08, 2020 On April 2, 2020, the New York State Court of Appeals issued a split decision (4-3) on a string of four rental Full Article…
COVID-19 May Shape NY Business Interruption Insurance Law
By Massimo D’Angelo April 7, 2020 On the scale of pandemics, the novel coronavirus, commonly referred to as COVID-19,[1] is unprecedented, and ranks among one of the worst in human history, not only in terms of its virulence, but in economic destruction as well. While scientists hastily work toward developing a vaccine and antiviral drugs Full Article…
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