October 23, 2014

While it is an exaggeration to say that half of all marriages end in divorce, it is undeniable that the number of marriages that end in divorce is quite substantial and has been on the rise.  Some of the most contentious issues in any divorce proceeding that involve ch...

May 16, 2014

Several years ago it was virtually unheard of to have a lender not approve a mortgage loan for the purchase of a condominium unit, cooperative apartment or townhouse development due to the financial health of the project.  While this phenomenon was slightly more common...

March 20, 2014

For those that don’t know, an allowance is not only the amount of money you give to your teenage children when they remember to take out the garbage, it is a common concept in a construction contract where a contractor gives an estimate of the cost for certain unspecif...

February 5, 2014

As “mother nature” has the NY Metro area resembling parts of Alaska, this is a good time for landlords and tenants to take a good look at their lease(s) to see who has the duty for snow and ice removal.  This is important for several reasons.  First, there is the time...

January 30, 2014

Even though the standard form of Residential Contract of Sale from November of 2000 (“Residential Contract”), the Contract of Sale for a Condominium Unit from 2000 (the “Condo Contract”) and the Contract of Sale for a Cooperative Apartment from July of 2001 (the “Coop...

January 19, 2014

These days it is getting harder to tell the difference as many condominiums are seeking to impose conditions on the issuance of the waiver of the condominium’s right of first refusal.  This is a particularly important consideration as many buyers opt to purchase condom...

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