Imagine arriving at your office to find construction noise so loud your team can't make calls. Or your retail space suddenly lacks heating during winter, driving away customers. These are valid concerns—and protected rights under the law. Unfortunately, some NYC...
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Real Estate Law
How to avoid common disputes regarding special assessments
In condominiums, the board of directors can sometimes charge additional fees beyond regular dues. These extra fees, also known as special assessments, provide a financial lifeline for unexpected expenses and major projects. But while special assessments are crucial...
Green building upgrades: A guide to ROI and compliance
Building owners face pressure from all sides to "go green." Environmental regulations, tenant demands and rising utility costs all play a role. Yet, the real challenge lies in finding upgrades that deliver both solid returns and regulatory compliance. Here's a simple...
Navigating U.S. commercial real estate for foreign investors
Foreign investors eyeing the U.S. commercial real estate market face a complex landscape. If you are a foreign investor aiming to enter this market, you must consider the intricacies of U.S. commercial laws to establish a successful presence. As a business, you must...
It may be time to renegotiate your long-time leases in NYC
Nothing demonstrates the plight of commercial real estate today more than the sale of this mid-sized building in Manhattan. Bought in 2006 for $332 million, 135 West 50th Street in Midtown sold for a mere $8.2 million last Wednesday, July 31, 2024. It was the most...
Understanding easements when buying commercial property
Understanding easements is crucial when buying commercial property. Easements can significantly impact the use and value of your property, so it's essential to be well-informed before making a purchase. What is an easement? An easement is a legal right that allows...
Three common roadblocks in condominium management
Managing a condominium involves more than just overseeing the property. It demands skillful management of complex challenges. Condominium associations often face a range of issues that can affect the community’s functionality and harmony. Understanding these problems...
Don’t let real estate law issues get out of hand
Perhaps you’ve missed a couple of mortgage payments on a commercial or residential property in New York, and lenders have sent you notice of foreclosure. Maybe you’ve been making timely payments but have determined that it would be advantageous to refinance. Or maybe...
Commercial real estate and the process of due diligence
The process of purchasing a commercial property may involve more than simply finding the perfect location and making an offer. Individuals or companies in New York that wish to protect their interests during commercial real estate endeavors might find it helpful to...
Leading causes of property boundary disputes
There may be many scenarios in which the owners of neighboring properties might not always see eye to eye. In some cases, disputes over boundary lines could create intense conflict between these parties, whether this involves residential or commercial properties....