Commercial leases are a critical source of income and financial stability for property owners, but the current evolving economic environment presents many risks. One of the primary concerns is when a tenant falls behind on...more
12/17/2024
/ Attorney's Fees ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Contract Terms ,
Damages ,
Default ,
Guarantors ,
Landlords ,
Lease Termination ,
Rent ,
Risk Management ,
Tenants
Falling behind on rent or otherwise defaulting on lease obligations can lead to serious consequences for commercial tenants, including the landlord instituting legal proceedings for eviction and monetary damages. However,...more
New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more
4/24/2024
/ Affordable Housing ,
Construction Project ,
Density Bonus ,
Eviction ,
Housing Developers ,
Housing Market ,
Landlords ,
Multi-Family Development ,
New Legislation ,
Real Estate Development ,
Rent ,
Rental Property ,
Residential Property Owners ,
Tax Incentives ,
Tenants ,
Urban Planning & Development ,
Wage and Hour
In a win for New York City's hospitality industry, a New York judge has rejected Airbnb's legal challenge to a New York City law requiring dwellings hosting short-term rentals to be registered with the City. The City will...more
8/18/2023
/ Advertising ,
AirBnB ,
Hospitality Industry ,
Multi-Family Housing ,
Municipalities ,
Online Platforms ,
Registration Requirement ,
Residential Property Owners ,
Short-Term Lease ,
Tax Revenues ,
Vacation Rentals