Recent News - Real Estate
November 11, 2019 |
Erez Glambosky was quoted in a November 9, 2019, New York Times “Ask Real Estate” piece that explores whether an unruly subtenant may be evicted and by whom.
“It was the shareholder who installed this individual, and the shareholder is responsible,” Erez said. “Ultimately the shareholder is the one who has to take action.”
To
Read MoreOctober 22, 2019 | |
Evan Schieber and David Gise obtained summary judgment dismissing a complaint in a dispute over a million dollar real estate brokerage commission.
The New York County Supreme Court dismissed in its entirety an action commenced by Cushman & Wakefield (“Cushman”) against our client Olivet University seeking a commission for its role in connection with Olivet’s
Read MoreOctober 22, 2019 | |
Jeremy Honig, Mark Antar and Burton Ross won summary judgment against the guarantor of a commercial lease on behalf of the plaintiff-owner of 1590 York Avenue, New York, NY (at 84th Street), securing a money judgment for all rent, real estate taxes and other charges incurred by the defaulting tenant.
In a recently issued decision,
Read MoreOctober 14, 2019 |
In a case of first impression under New York Law, Evan Schieber secured a major victory for Kings Premium Service Corp. In Adebowale v Kings Premium Service Corp. at al., the Court dismissed in its entirety an action brought against the Kings Premium Service Corp., a financing company, for damage allegedly incurred by an insured
Read MoreOctober 11, 2019 |
Jeremy Honig, Mark Antar and Burton Ross won summary judgment and the eviction of a defaulting commercial tenant from the building known as 343 Lexington Avenue, New York, NY, which is owned by the firm’s client.
In a thorough decision issued this week, Judge Elena Baron of the New York County Civil Court credited Rivkin’s
Read MoreOctober 5, 2019 |
Louis D’Amaro and Ron Kornblum represented the manager of large, residential apartment complexes in New York City in negotiating a broadband communications marketing agreement granting a distributer the exclusive right to market and provide cable televisions and wireless services to residential customers.
Ron Kornblum and Marie Landsman represented nine tenant in common entities in the
Read MoreSeptember 20, 2019 |
Khoren Bandazian was a panelist at the Commerce and Industry Association of New Jersey (CIANJ) 2019 Real Estate Summit, “The Urban Revolution – Revival of New Jersey’s Urban Communities.
Program description:
New Jersey’s real estate market is defined by our state’s unique challenges and the trends that promote growth and vitality, especially in the urban
Read MoreSeptember 18, 2019 |
Khoren Bandazian offered his opinion on the New York Times article, “How a Trump Tax Break to Help Poor Communities Became a Windfall for the Rich,” which was critical of the federal government’s Opportunity Zone program, in an article for Connect Commercial Real Estate.
Khoren noted: “It’s too early to say whether or not the law
Read MoreSeptember 17, 2019 |
The New Jersey Economic Development Authority (NJEDA) has launched a website listing available businesses and real estate investments in the state’s Opportunity Zones.
With the goal of fostering New Jersey’s economic development, the New Jersey’s Opportunity Zone Marketplace allows investors nationwide to view Opportunity Zone projects within 75 of the state’s municipalities. It also provides
Read MoreSeptember 16, 2019 |
Ron Kornblum represented the seller in the sale of 1169-1173 Flatbush Avenue, Brooklyn, NY. The purchase price was $6M and involved an IRS 1031 tax free exchange for members of the selling entity.
Michael Heller and Louis D’Amaro closed on the sale of a 180,000 square foot office building in New Hyde Park. The sale
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