Nightingale, Wafra secure $500M to reposition 111 Wall Street
Newmark announced that it has closed an acquisition and construction loan for 111 Wall Street, New York, on behalf of Nightingale Properties and Wafra Capital Partners. The
Tag : rosenberg & estis
Icon garage pulls COVID con on landlord
A court has booted a city parking garage after finding it was raking in hundreds of thousands in parking fees and not paying its rent.
Why common law excuses can’t be tolerated from commercial rent debtors
By Luise Barrack and Dejan Kezunovic As we are all aware, the ongoing COVID-19 pandemic has had a severe impact on the economy and, in
The Tenant Safe Harbor Act has gone too far
By Michael A. Pensabene The recent passage of the Tenant Safe Harbor Act (“TSHA”) on June 30, 2020 in the wake of the pandemic has
COVID-19 brings big changes to court and its combatants
New York’s State Supreme Courts are expected to re-open to a flood of complaints from property owners fighting over money, access and broken leases next
WHO’S NEWS: Appointments and promotions
Rosenberg & Estis, P.C. has named Michael E. Lefkowitz managing member. Lefkowitz will succeed Luise A. Barrack, who served in the role for 10 years.
Judge: Courts playing Frankenstein with decades of old rent laws
The high court last week moved to protect New York building owners from the “enormous liability” of rent overcharge claims dating back a decade. In
Commercial rent regulation – an improper usurpation of state power
By Alexander Lycoyannis and Dejan Kezunovic, Rosenberg & Estis Most readers of this article are surely familiar with the ironic phrase “may you live in
Owners, lawmakers lament flaws in rent regulation overhaul
Five months into the cityʼs new rent regulations, the industry continues to digest the sweeping changes to how landlords can and can’t raise rents. At
Have You Heard: Socialite must pay co-op’s legal fees
An Ex-Trump pal and Manhattan socialite has lost her appeal over paying the legal fees of the co-op board that evicted her. Verina Hixon, 75,