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New York Real Estate Lawyers Blog

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Who’s the Dictator?

The New York Post recently reported a news story wherein a condominium property manager “decorated” the common areas of the building with Nazi and other historic propaganda relating to dictators.  Residents of the building felt threatened and intimidated by other activities of the property manager, including alleged physical threats.  This…

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Divorce and Foreclosure – What are Your Rights?

Financial troubles can be the cause of much stress for married couples.  Often, these stresses lead to a couple separating, and ultimately, divorcing.  In such situations, there will always almost be issues regarding the marital residence, be it a house or an apartment.  Due to the financial issues, the property…

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An Update on Reverse Mortgages

A recent New York Times article concerns possible changes to the enforcement of reverse mortgages against surviving spouses.  To those unfamiliar with reverse mortgages, they are a type of mortgage loan which allows elderly borrowers (usually over 62 years old) with sufficient equity in their primary residences to borrow against that…

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Commercial Properties and Local Regulations – What are Your Rights?

News outlets have recently reported a conflict between local business Ralph’s Italian Ices in Mamaroneck and local officials, who are seeking to close the business due to noise and parking issues.  While we do not know how this specific situation will resolve itself, many of our firm’s clients are small businesses who…

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Just Short of a “Short Sale” – What are Your Options?

Our firm frequently has clients who own property that is in foreclosure.  Often, these parties wish to sell their property and move on from the situation.  Once a sales price is agreed upon, the important question to be asked is whether the proceeds from the sale are sufficient to pay off the…

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Property Sales and Bankruptcy in New York

Prior blog posts have discussed the effect of filing for bankruptcy on properties which may be in foreclosure.  This post will explain what may happen to the property after a bankruptcy filing; namely, can the property still be sold to a third party, and under what circumstances. Once a party to…

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“Legal” Gift Ideas for Dad on Father’s Day

Our firm wants to extend its best wishes to all Dads for a happy Father’s Day.  We would like to mention some gift ideas of a legal nature that cannot be purchased in an ordinary department store. Your Father may be on the verge of retirement.  As such, he may be…

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Should I Stay or Should I Go? Evictions After Foreclosure

Prior blog posts have discussed eviction actions after foreclosures in New York State.  Recently, due to the increased number of cases going to a final judgment of foreclosure and sale, and then being sold, there is an increased amount of tenants in foreclosed properties.  This post will discuss the legal status…

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