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.
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, “Condominium Offering Plans Are Contracts.” Tom discusses the implications of the evolving case law after the 2002 Jennifer case which held that condominium offering plans can create contractual obligations between sponsors and individual purchasers.
Full article content reprinted with permission below. To view on the New York Real Estate Journal site, please click here.