As values of New York commercial real estate continue to rise, many building owners are putting their properties on the market early, often scrapping plans to redevelop the building or sign up new tenants. In some cases owners who purchased a property less than a year...
Month: August 2015
What is a Yellowstone injunction under New York law?
For a New York commercial tenant, obtaining and keeping a lease is critical to the success of the business. Losing a commercial lease through forfeiture based on an alleged lease violation can threaten a business's survival. To make things worse, when a landlord...
The right approach in lease dispute cases
New York City has a large number of rental properties, both residential and commercial. As we have discussed in a previous post, a well-drafted lease is essential to reduce the risk of misunderstandings and disputes. But, when one party alleges a breach of the lease...
End of real estate dispute brings promise to neighborhood
A real estate development can have an incredible impact on the feel of a neighborhood. With the right development in place, a neighborhood can become more vibrant and attractive. A well-planned development can attract new residents, businesses and entertainment...