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New York City's rent control and rent stabilization laws are arcane and complex. One question many people have relates to family members' rights to succession in a rent controlled or rent stabilized apartment.In general, a family member can succeed to the apartment...
In a commercial lease, just as in a residential lease, a departing tenant has an obligation to return the premises to the landlord in good condition. New York's biggest landlord of office space recently filed a lawsuit in the state Supreme Court alleging that a major...
Rent-stabilized apartments have been a fixture of New York City residential real estate for decades. But as property values continue to increase, building owners have been offering inducements to long-term tenants to move out so they can rent the property to someone...
Litigation is a risk that comes with the territory on big real estate developments. The L Lofts condominium project in Brooklyn is no exception. The developers have recently been hit with a lawsuit alleging the developers failed to remedy a number of construction...
Lower Manhattan is becoming a popular choice for businesses seeking to relocate. Downtown's commercial property market recently saw a major deal finalized, as BNY Mellon signed a lease for 350,000 square feet of space at 225 Liberty Street, on the site of the former...