In New York, having clear title is critical when real property is sold or refinanced. A cloud on the title can cause delay and possibly even cancellation of a transaction. Where serious title issues exist, it may not be possible to get title insurance on the...
Month: December 2014
Russians ramp up investments in New York residential real estate
The collapse of the Russian ruble has resulted in an increase in Russian investment in New York real estate, according to a recent news report. Russians have been buying up high-end apartments in the city for years, of course, as a cushion against economic instability...
Protecting one’s rights under New York rent-control laws
For those who live in a rent-regulated apartment - one that is either rent-controlled or rent-stabilized - in New York, they may have important rights not available to tenants in unregulated, market-rate buildings. It is in one's best interest to be aware of those...
What rights does a residential tenant have under New York law?
Whether you are a landlord or a tenant in a residential building in New York, it is important to know the rights of tenants under New York law. The residential lease controls many aspects of the landlord-tenant relationship. But tenants also have rights under state...
Canadian investors like New York commercial real estate
According to a recent news report, Canadian investors are buying heavily in U.S. commercial real estate, including at least one landmark property in Manhattan. Developers and pension funds from north of the border are reportedly looking to the U.S. market...