Latest News & Developments in Commercial Real Estate Law
Since 2008, we have used our real estate law blog as a way to keep readers informed about the latest developments and news within commercial real estate law. Some of the topics we regularly address include court decisions on disputed commercial real estate transactions, limited liability company law and high-end residential real estate transactions. In addition to informing readers, we make it a priority to provide an in-depth analysis of the topics we discuss.
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The controversial partial rollback of the Dodd Frank rules applicable to commercial lenders may help real estate developers obtain construction loans by easing tough rules on “High Volatility” (HVCRE) loans.
Olshan Corporate partner Spencer Feldman posted about the growing interest in public benefit corporations – corporations whose charter documents include clear directions that the managers of the company take into consideration social goals including community service and renewable energy.
New York Real Estate Journal published an article authored by Olshan Real Estate partner Thomas Kearns entitled “George Kaufman of Kaufman Org. Leaves Behind a Legacy.”
New York Law Journal published an article co-authored by Olshan Real Estate partner Thomas Kearns entitled “5Pointz Artists Awarded $6.75M in Damages.”
In a long awaited ruling Judge Block awarded $6.7 million, the maximum statutory damages, to a group of aerosol artists whose work was demolished by the owner of the 5 Pointz site in Long Island City.
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, “Top 2017 Legal Developments Affecting NY Real Estate.”
Posted below is a memo authored by Tom Glatthaar of Fidelity Title summarizing parts of the new regulations recently issued by the New York State Department of Financial Services. The new rules crack down on free tickets, lunches and golf outings given by title insurance companies to the real estate industry and their counsel. The view appears to be that title insurance rates (which are regulated) are too high and that the cost of these events contributes to the high rates.
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, "Examining Real Estate Online Auction Dispute"
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, "Real Property Tax Escalating in Commercial Condos"
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, “Assemblages 101: Developers Employ Strategy, Handle Risk.” In the article, Tom coins the phrase NOA’s for “naturally occurring assemblages” and discusses other issues relating to assemblages.