Real estate litigation can be complex and the outcome can decide the future of a development or an investment. This is particularly true in Manhattan, where an adverse outcome in litigation can be a significant financial setback for a developer, property owner or lessee. When the stakes are this high, you need the best representation you can get.
Real estate litigation covers a large number of different types of disputes. When a large commercial development is underway, disputes can arise when one party alleges another breached the agreement by failing to perform. Real estate sales can end up in litigation when a party makes allegations of nondisclosure or misrepresentation in the transaction. Title issues and financing issues can also end up in court.
When a development runs into financial trouble, stakeholders often sue to recover their investments or minimize their losses. Lenders may begin foreclosure proceedings. If you are involved in litigation involving distressed property, you need a law firm that can work to resolve the matter through settlement or a loan workout, but is also prepared to go to court and fight on your behalf.
The landlord-tenant relationship is another common source of litigation. A lease dispute can involve anything from nonpayment of rent and holdover proceedings to failure to make repairs.
A real estate dispute that ends up in court can be a drain of time, money and energy. As in any other type of litigation, you need a law firm that knows when to fight and when to try to negotiate a settlement. Our lawyers have over 20 years of real estate litigation experience. For more information about our real estate litigation practice, visit our New York City Real Estate Litigation Lawyer webpage.