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Enacted as part of the Climate Mobilization Act, New York City's Local Law 97 (LL97) mandates strict emissions limits for most commercial and mixed-use buildings exceeding 25,000 square feet. If a building exceeds its limit, the owner faces annual civil penalties...
Real estate litigation is sometimes adversarial in nature. One party brings a claim against another due to disclosure issues or boundary violations. Other times, the purpose of real estate litigation is to correct an issue with official records. Quiet title...
In commercial real estate, the lease agreement is the primary authority governing the relationship between landlord and tenant. When a tenant falls behind on payments, can a landlord impose interest charges if the lease does not explicitly mention them? Understanding...
For many seniors, a reverse mortgage looks like a way to turn home equity into much-needed cash. It can feel like a safety net when retirement savings run thin, since you are not required to make monthly payments. Yet, behind the promise of financial relief, there are...
Real estate development can be lucrative, but it also comes with significant legal challenges. Developers often face issues that can delay projects, increase costs or limit what can be built. Below are some of the most common legal hurdles for developers. Zoning and...
When signing a commercial lease agreement, people often rush through the paperwork, trusting that everything is fine. However, not all leases are the same, and such assumptions can be expensive. Once the ink dries, you’re bound by the terms, and the fine print you...
Rent-controlled apartments are part of New York's effort to provide affordable housing. If you're living in one or thinking about moving in, understanding the rules can help you navigate the process and ensure you don’t face unexpected challenges. Rent control basics...
If you are about to purchase a piece of real estate, then it is important to slow down and consider what would happen if something went wrong. However great the property may look to you, there may be issues you cannot see that could cause you to reconsider. You might...
Purchasing a new home can be extremely rewarding. It is your own private space. When you buy a piece of real estate, you expect to be able to enjoy it without interference. While this is what usually happens, it isn’t always the case. Disputes over real estate are...
Even in the digital age, most businesses require some sort of physical headquarters. Generally, business owners have two options - they can buy a building or sign up to a commercial lease. Leasing commercial property is the more popular of these two options. Some of...