On October 21, 2025, in 1995 CAM LLC v. West Side Advisors, LLC, the New York Court of Appeals delivered a ruling concerning a guarantor’s liability under a “good guy” guaranty....more
11/26/2025
/ Appeals ,
Appellate Courts ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Contract Disputes ,
Contract Drafting ,
Contract Interpretation ,
Contract Termination ,
Contract Terms ,
Guarantors ,
Guaranty Claims ,
Landlords ,
New York ,
Tenants
The One Big Beautiful Bill Act (“OBBBA”), enacted into law on July 4, 2025, provides extensive federal tax policy changes impacting a multitude of industries, including commercial real estate (“CRE”). With respect to CRE,...more
7/24/2025
/ Affordable Housing ,
Bonus Depreciation ,
Commercial Real Estate Market ,
Federal Taxes ,
Investors ,
Legislative Agendas ,
One Big Beautiful Bill Act ,
Popular ,
Real Estate Development ,
Tax Cuts and Jobs Act ,
Tax Incentives ,
Tax Legislation ,
Tax Planning
In our prior article, The “Art” of the Commercial Real Estate Lease Term Sheet, we discussed the importance of an accurate term sheet reflecting the material terms of the proposed commercial lease, and how in the absence of...more
2/25/2025
/ Commercial Leases ,
Commercial Real Estate Contracts ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
Landlords ,
Lease Term ,
Leases ,
Real Estate Transactions ,
Retail ,
Retailers ,
Security Deposits ,
Tenants
Many owners of commercial properties across the country encumbered by mortgage debt are still struggling to navigate the distressed real estate market, primarily due to their inability to pay current debt service resulting...more
9/30/2024
/ Borrowers ,
Commercial Property Owners ,
Deed-in-Lieu of Foreclosure ,
Financial Distress ,
Foreclosure ,
Interest Rates ,
Lenders ,
Loan Servicer ,
Mortgages ,
Net Operating Losses ,
Pre-Negotiation Agreements ,
Real Estate Market
What is the Good Cause Eviction law?
On April 20, 2024, New York State enacted new residential tenant protections affecting many market rate apartments under a framework referred to as “Good Cause Eviction.” In general,...more
The Corporate Transparency Act (“CTA”) is a recently enacted federal law that imposes significant reporting requirements on most U.S. companies, including corporations, partnerships, and limited liability companies. Effective...more
As the commercial real estate market continues to be strained by a combination of rising interest rates and a pending recession, causing a decline in commercial real estate valuations and a restricted lending market, the need...more
When a borrower is seeking real estate financing, there is invariably timing pressure to solidify a mortgage loan term sheet (on occasion, in the form of a loan commitment or loan application), so that the next steps in the...more
Earlier this month, the New York State Senate (S318) and Assembly (A407) reintroduced proposed legislation seeking to extend the New York State mortgage recording tax to mezzanine debt and preferred equity financings. This...more