Dear Clients, As you may know, a number of cases are currently pending in federal court concerning the constitutionality of the Housing Stability and Tenant Protection Act of 2019 (HSTPA). Two of those cases -- CHIP/RSA et al v City of New York et al. and 74 Pinehurst...
Rosenberg & Estis Blog
Updated Value-Add Strategies to Rethink the Buy-Rehab-Sell Game
Excerpt taken from "Value Add Strategies" of GreenPearl Events Video Here With the buy-and-upgrade strategy now in grave jeopardy due to recent rent laws, one of the most important business models in the multifamily industry has been upended, at least in New York....
Rosenberg & Estis, P.C., Swiftly Regains Possession of Parking Garage for Manhattan Cooperative
Decisive Action Prompts Operator in Default to Turn Over Possession in 13 Days ———- For Immediate Release PRESS CONTACT: Shea Communications, LLC George Shea, Mark Faris (212) 627-5766 Rosenberg & Estis, P.C. has secured a significant victory for a cooperative on...
R&E September 2020 Newsletter
Newsletter Exclusive Article: The Long Term Impact of the New York State Court of Appeals Ruling On Housing Stability and Tenant Protection Act of 2019 On April 2nd, the New York State Court of Appeals issued a landmark opinion In the Matter of Regina Metropolitan...
New York Real Estate: It Ain’t Over ‘Til It’s Over
Law in Time of Crisis Series by Brooklyn Law School R&E member and Brooklyn Law School alumna, Deborah E. Riegel talks about the current state of the New York City real estate market and why, despite naysayers, she's positive the city will come back. Watch her...
BISNOW NYC Affordable Housing Series: Investing in Inclusivity – Part 3: Building Tomorrow’s NYC
Daniel M. Bernstein, Member of R&E and head of the firm's Tax Incentives & Affordable Housing Department, moderated a webinar as part of BISNOW's NYC Affordable Housing Series called, "Investing In Inclusivity." The panel addressed leading questions...
DHCR Extends 2020 Annual Filing Deadline
Dear Clients, DHCR just issued Advisory Opinion 2020-5 extending the July 31 deadline for filing the 2020 Annual Rent Registrations to September 30, 2020. The extension will provide much needed relief for those owners who have been out of office and unable to gather...
Rosenberg & Estis, P.C., Secures Court Order Requiring Bond and Continued Payment of Rent by GAP and Old Navy
Decision Conditions Yellowstone Injunction on Payment of Nearly $3 Million in Monthly Rent and Nearly $6 Million in a Bond ———- For Immediate Release PRESS CONTACT: Shea Communications, LLC George Shea, Mark Faris (212) 627-5766 Rosenberg & Estis, P.C. has secured...
Legal Eagles: The Legal Battles Proliferating During The Pandemic
Luise A. Barrack, Head of Litigation at R&E, was invited to speak on an episode of The Real Deal’s live TRD Talks. She and Jonathan Mechanic of Fried Frank shared insights into the legal challenges presented by COVID-19 over a discussion called, "Legal Eagles: The...
Rosenberg & Estis, P.C., Secures Appellate Division Victory Denying Yellowstone Injunction
For Immediate Release PRESS CONTACT: Shea Communications, LLC George Shea, Mark Faris (212) 627-5766 Rosenberg & Estis, P.C. has secured a victory in the Appellate Division, First Department, of State Supreme Court on behalf of 35 West Realty Co., LLC. The...