• Posts by Hyman Kindler
    Hyman Kindler

    Hymie advises and represents purchasers and sellers looking to acquire, sell, develop or finance properties throughout the U.S. He focuses much of his practice on transactions involving large-scale commercial properties ...

New York Real Estate Journal published an article on September 26 authored by Co-Chair of Olshan’s Real Estate Law practice Thomas Kearns and real estate partner Hyman Kindler entitled “Non-Imputation Title Insurance” (by subscription).

The New York Real Estate Journal published an article by Olshan Real Estate partners Thomas Kearns and Hyman Kindler entitled, “Overview of New York State Lien Law and Building Loan Soft Costs.” Tom and Hymie discuss the uses of building loan proceeds and the common misconception that building loan proceeds cannot be used for soft costs.

In many parts of the country surveys for commercial property sites are typically performed  in accordance with ALTA (American Land Title Association) standards.  But like many other commercial real  estate matters in New York, New York City is different.  In a recent email exchange Tom Glatthaar of Fidelity’s New York office wrote the following explanation of the history and custom of New York City surveys:

A survey is crucial in evaluating the real estate owned as part of a business and to make sure you are getting all that you think you are.


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