Case Studies for Trusts and Estates International Clients: Success Story #1

July 11, 2022 | Estate Planning

Case Study 1: Deniz and Isra are married and have a son, Emre. Deniz and Isra are Turkish Citizens and residents and are searching for an apartment for Emre in New York City. All...

Read Full Post

Judge voids Albany’s good cause eviction law; tenants abandon city-by-city push

July 8, 2022 | Landlord-Tenant

Housing Justice for All will concentrate on passing a statewide measure By Suzannah Cavanaugh | Research By Kathryn Brenzel  at The RealDeal Less than a year after Albany made history as the first New York municipality to pass good cause...

Read Full Post

Lower-end listings dominate Manhattan’s luxury deals

June 13, 2022 | Real Estate

Penthouse at 100 11th Ave asking $23M tops the list, but most contracts last week were for homes under $5M By Sasha Jones at TheRealDeal Luxury homes kept finding buyers in Manhattan last week,...

Read Full Post

Is Airbnb playing a role in NYC’s skyrocketing rents?

June 13, 2022 | Commercial Real Estate

A new report says there are more short-term rentals available in the city than standard ones Written By: The Real Deal   Looking to rent an apartment in New York City? Maybe you should...

Read Full Post

Commercial leasing: Reexamining force majeure in the post-COVID landscape

June 7, 2022 | Commercial Real Estate

By: Leah Laframboise, Clay Pulliam, and Christina Sprecher of Reuters   The impact of the COVID-19 pandemic on commercial leasing was immediate and severe. Landlords and tenants were faced with challenges of a type and...

Read Full Post

Manhattan retail rents tick up as recovery slogs along

June 6, 2022 | Commercial Real Estate

Nine of 17 corridors saw asking rents rise as tenants face supply chain, labor issues By Sasha Jones at The Real Deal   Manhattan retail rents are on the rise but remain below pre-pandemic peaks....

Read Full Post

I’m on a Monthly Lease. Can My Landlord Suddenly Evict Me and My Dog?

June 6, 2022 | Landlord-Tenant

Renting on a month-to-month basis can leave tenants in a vulnerable position. But landlords often want to make a deal rather than evict. By Ronda Kaysen at The New York Times Q: My wife and...

Read Full Post

Nine Must Reads for the CRE Industry Today 

May 25, 2022 | Commercial Real Estate

Suddenly finding itself with too much space, Amazon is looking to sublease some of its excess warehouse space, reports Bloomberg. Despite rate hikes, the Mortgage Bankers Association expects CRE lending volume to hold steady...

Read Full Post

Hamptons Summer Landlords Rejoice Due to Rent Law Amendment

May 13, 2022 | Landlord-Tenant

As we all know, the Housing Stability and Tenant Protection Act (HSTPA) of 2019 placed a limit on how much security deposit a landlord in NY can collect from a tenant (the equivalent of...

Read Full Post

The New York Times: ‘High-Rise Hell’ N.Y.C. Skyscraper’s Elevator Breakdowns Strand Tenants

April 6, 2022 | Uncategorized

A luxury residential building in the financial district with more than 750 apartments has been experiencing lengthy elevator outages since the fall. By Karen Zraick and Ashley Wong at The New York Times    When it was completed in...

Read Full Post
Chaves Perlowitz Luftig LLP