Olshan Real Estate Law Blog | Olshan Law https://www.olshanlaw.com/Real-Estate-Law-Blog/2020/ Sun, 16 Aug 2026 15:05:57 -0400 Delaware Chancery Court Provides Important Guidance on COVID-19’s Impact on a Buyer’s Obligation to Close: https://www.olshanlaw.com/Real-Estate-Law-Blog/delaware-chancery-court-provides-important-guidance-on delaware-chancery-court-provides-important-guidance-on Thu, 17 Dec 2020 09:00:01 -0500 Seller’s COVID-related actions breached an “ordinary course” covenant, even though the COVID-19 pandemic did not give rise to a “material adverse effect.”

Authored by Michael R. Neidell and Zachary E. Freedman, Law Clerk

]]> Infrastructure Needed to Cure Digital Divide in the U.S. https://www.olshanlaw.com/Real-Estate-Law-Blog/infrastructure-needed-to-cure-digital-divide-in Eric L. Goldberg infrastructure-needed-to-cure-digital-divide-in Wed, 16 Dec 2020 09:00:02 -0500 Thomas Friedman’s column in today’s New York Times highlights the digital divide hurting rural areas in the U.S.  Are Opportunity Zones a partial solution?   

]]> NYREJ Publishes Article by Thomas Kearns on Foreclosures for Technical Mortgage Defaults https://www.olshanlaw.com/Real-Estate-Law-Blog/nyrej-publishes-article-by-thomas-kearns-defaults Thomas D. Kearns, Zachary E. Freedman nyrej-publishes-article-by-thomas-kearns-defaults Mon, 07 Dec 2020 09:00:03 -0500 New York Real Estate Journal published an article on November 17 authored by Olshan Real Estate partner Thomas Kearns entitled “No Foreclosures for Technical Mortgage Defaults.”

]]> NYREJ Publishes Article by Thomas Kearns on Hotel Ground Lease Defaults https://www.olshanlaw.com/Real-Estate-Law-Blog/nyrej-publishes-article-by-thomas-kearns-hotelgroundleases Thomas D. Kearns nyrej-publishes-article-by-thomas-kearns-hotelgroundleases Wed, 07 Oct 2020 09:00:04 -0400 New York Real Estate Journal published an article on September 22 authored by Olshan Real Estate partner Thomas Kearns entitled “Ground Lease Hotels”

]]> NYREJ Publishes Article by Thomas Kearns on Gross Negligence https://www.olshanlaw.com/Real-Estate-Law-Blog/nyrej-publishes-article-by-thomas-kearns-grossnegligence Thomas D. Kearns nyrej-publishes-article-by-thomas-kearns-grossnegligence Tue, 04 Aug 2020 09:00:05 -0400 New York Real Estate Journal published an article on July 21 authored by Olshan Real Estate partner Thomas Kearns entitled “’Gross Negligence’ Revisited“

]]> New York’s Executive Orders 202.8 and 202.28 Should Not Stop Commercial Lease Enforcement, Though New York City Legislation Sets Limitations on Landlords Seeking Recovery From Personal Guarantors for Tenant Defaults https://www.olshanlaw.com/Real-Estate-Law-Blog/new-yorks-executive-orders-202-8-and Lori Marks-Esterman, Thomas J. Fleming, Thomas D. Kearns, Joseph B. Weiner new-yorks-executive-orders-202-8-and Thu, 18 Jun 2020 09:00:06 -0400 Governor Cuomo’s Executive Order 202.8, dated March 20, 2020, froze evictions of any residential or commercial tenant through June 18, 2020, but did not expressly restrict taking enforcement actions against tenants short of an actual eviction. On May 7, 2020, Governor Cuomo issued Executive Order 202.28, which extended that moratorium until August 20, assuming the owner or tenant “is eligible for unemployment insurance or benefits under state or federal law or otherwise facing financial hardship due to the COVID‑19 pandemic.” Neither of these Executive Orders expressly restricts landlords from taking enforcement actions against tenants short of an actual eviction, including terminating leases based on tenant defaults. They also do not obviate a commercial tenant’s obligation to continue paying rent under the lease.

]]> NYREJ Publishes Article by Thomas Kearns on Returning to Offices After COVID-19 https://www.olshanlaw.com/Real-Estate-Law-Blog/nyrej-publishes-article-by-thomas-kearns-offices Thomas D. Kearns nyrej-publishes-article-by-thomas-kearns-offices Wed, 03 Jun 2020 09:00:07 -0400 New York Real Estate Journal published an article on May 19 authored by Olshan Real Estate partner Thomas Kearns entitled “Offices After COVID-19.”

]]> NY Executive Order 202.8 Should Not Stop Commercial Lease Enforcement https://www.olshanlaw.com/Real-Estate-Law-Blog/ny-executive-order-202-8-should-not Lori Marks-Esterman, Thomas J. Fleming, Thomas D. Kearns ny-executive-order-202-8-should-not Mon, 13 Apr 2020 09:00:08 -0400 Governor Cuomo’s Executive Order 202.8 freezes evictions of any residential or commercial tenant through June 18, 2020, but does not expressly restrict taking enforcement actions against tenants short of an actual eviction.

]]> NYREJ Publishes Article by Thomas Kearns on Protecting Co-Investors in LLC Agreements https://www.olshanlaw.com/Real-Estate-Law-Blog/nyrej-publishes-article-by-thomas-kearns-LLCAgreements Thomas D. Kearns nyrej-publishes-article-by-thomas-kearns-LLCAgreements Mon, 06 Apr 2020 09:00:09 -0400 New York Real Estate Journal published an article authored by Olshan Real Estate partner Thomas Kearns entitled “LLC Agreement Issues for Co-Investors.”

]]> Contractual Performance During the Coronavirus Pandemic - Updated March 21 https://www.olshanlaw.com/Real-Estate-Law-Blog/contractual-performance-the-coronavirus-pandemicupdated Alexander F. Ferrini III contractual-performance-the-coronavirus-pandemicupdated Sat, 21 Mar 2020 09:00:10 -0400 This post addresses contractual performance during the coronavirus pandemic.

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