This month the NYC Landmarks Preservation Commission celebrated its 55th anniversary. Also this month, since the issuance of the emergency orders stemming from the COVID-19 public health crisis, the agency is scheduling its first public hearing using the Zoom teleconferencing platform. The hearing will be held on Tuesday, April 21, at 9:30 a.m., and
The Federal Reserve’s Powers to Pave the Way for Continued Development and Construction Through Covid-19
As the Coronavirus has encapsulated the world, government go-aheads to construction firms are welcome relief to the industry. Lenders’ collective reaction to the current economic concerns is another matter. Future financing is always imperative to ensure ongoing construction as well as new projects.
Government responses are changing by the day, but the Federal Reserve has
Caution When Approaching Artistry
A $6.75 million judgment was upheld by the United States Court of Appeals, Second Circuit, against a developer that whitewashed 45 spray-painted artworks on its site — several months before the demolition permits were issued. See Castillo v. G&M Realty L.P., — F.3d —-2020 WL 826392 (February 20, 2020). The trial court had issued
Will Claims Against Closely-Held Condominium Developers Be Thwarted by New York’s Newly-Adopted Uniform Voidable Transactions Act?
Property development companies regularly create single-purpose entities (SPE) to acquire new real estate for development, construction or renovations. SPEs are often comprised of only a few members, no assets beyond the property itself and are considered “closely-held” companies.
There has been a growing trend in New York construction defect lawsuits where boards of managers of
An Unfounded Lien: What’s an Owner to Do? And Can it Recover its Attorneys’ Fees?
A subcontractor has liened the property although the owner has paid in full for its work. The general contractor has disappeared. What should an owner do next? And will its attorneys’ fees be recoverable?
In New York, a mechanic’s lien, although filed in the county clerk’s office on the project owner’s land record, secures only