New York Real Estate Journal recently published an article authored by Olshan Real Estate partner Thomas Kearns entitled “The Underappreciated Estoppel.”
New York Real Estate Journal published an article on August 3 authored by Olshan Real Estate partner Thomas Kearns entitled "Are Collapses of Multi-Owner Properties Inevitable?"
Governor Cuomo’s Executive Order 202.8, dated March 20, 2020, froze evictions of any residential or commercial tenant through June 18, 2020, but did not expressly restrict taking enforcement actions against tenants short of an actual eviction. On May 7, 2020, Governor Cuomo issued Executive Order 202.28, which extended that moratorium until August 20, assuming the owner or tenant “is eligible for unemployment insurance or benefits under state or federal law or otherwise facing financial hardship due to the COVID‑19 pandemic.” Neither of these Executive Orders expressly restricts landlords from taking enforcement actions against tenants short of an actual eviction, including terminating leases based on tenant defaults. They also do not obviate a commercial tenant’s obligation to continue paying rent under the lease.
Governor Cuomo’s Executive Order 202.8 freezes evictions of any residential or commercial tenant through June 18, 2020, but does not expressly restrict taking enforcement actions against tenants short of an actual eviction.
We address common concerns raised by our clients and will post any further updates as we become aware of them.
Force Majeure? Contractual Performance During the Coronavirus Pandemic
New York Real Estate Journal recently interviewed Olshan Real Estate partner Thomas Kearns in an article entitled “Year in Review 2018.”
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.”
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, “Addressing Mortgage Subordination in Ground Leases.” In the article, Tom discusses the confusion that often accompanies the provisions of ground lease term sheets regarding mortgage subordination.
The New York Real Estate Journal published an article by Olshan Real Estate partner Thomas Kearns entitled, “New City Commercial Tenant Harassment Law.” Tom discusses the recently passed law prohibiting harassment of commercial tenants and the practical steps landlords should consider taking in order to protect themselves from future claims.
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.
The following article was published in the July 19, 2016 issue of the New York Real Estate Journal.
Full article content reprinted with permission below. To view on the New York Real Estate Journal site, please click here.
We are regularly requested by investor groups to highlight issues covered by a limited liability company agreement for a typical real estate development company with several equal partners. The following is the result of that effort.
The following article was published in the January 19, 2016 issue of the New York Real Estate Journal
Full article content reprinted with permission below. To view on the New York Real Estate Journal site, please click here.
Bloomberg BNA Electronic Commerce & Law Report published “Social Media Considerations for Real Estate Companies” authored by Olshan Partners Andrew Lustigman and Mary Grieco.
The following article was published in the July 28-31, 2015 issue of New York Real Estate Journal.
A line of New York court opinions restrict tax escalations in commercial leases based on building improvements that don't benefit the tenant.
The following article was published in the June 29 issue of New York Law Journal.
Reprinted with permission from the June 29 issue of New York Law Journal © 2015. ALM Media Properties, LLC. Further duplication without permission is prohibited. All rights reserved.
The following article was published in the May 26-28, 2015 issue of New York Real Estate Journal.
The following article was published in the March 24-26, 2015 issue of New York Real Estate Journal.
The following article was published in the January 27-9, 2015 issue of New York Real Estate Journal.
The following article was published in the November 4 issue of New York Law Journal.
Reprinted with permission from the November 4 issue of New York Law Journal © 2014. ALM Media Properties, LLC. Further duplication without permission is prohibited. All rights reserved.
The following article was published in the July 15-28 issue of New York Real Estate Journal.
The following article was published in the June 30 issue of New York Law Journal.
The following article was published in the January 28th issue of New York Real Estate Journal.
Exploring the use of commercial condo structure to gain exemption on real estate taxes