Posts from October 2008.

Latest News & Developments in Commercial Real Estate Law

Since 2008, we have used our real estate law blog as a way to keep readers informed about the latest developments and news within commercial real estate law. Some of the topics we regularly address include court decisions on disputed commercial real estate transactions, limited liability company law and high-end residential real estate transactions. In addition to informing readers, we make it a priority to provide an in-depth analysis of the topics we discuss.

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Ticor Title Insurance Company has turned title insurance on its head. Instead of viewing its product as helping a lender vet and insure deals, it is defending a claim made by a lender by turning the table and saying the lender shouldn't have made the loan in the first place. Unbelievable? You betcha. Now other title industry pundits are defending the actions (New York Law Journal 10/8/08 by Bagwell). Ticor's defense? While the deed in the chain of title was fraudulent (the prior owner was murdered) and Ticor did insure title, Countrywide should have known that fraud was possible since they ...

While walking into Riverside Church today for the convocation celebrating Trinity School’s 300th anniversary I was handed a flyer protesting Trinity’s proposed sale of the apartment building it owns next to its school. I am not supportive of the rent stabilization system that has survived in New York since it is not based on need. There are simply too many stories of actresses keeping pied-a-terres in New York and rent stabilized tenants with expensive summer homes. I am cognizant that the system helps many who could not otherwise afford housing. But the system has outlived both ...


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