News & Publications

New York City Tenant Data Privacy Act Imposes New Data Use Restrictions On Landlords

In the continuing effort by New York City to protect the privacy of New Yorkers,1 on April 29, 2021, the New York City Council passed Proposed Int. No. 1760-A, a new bill that will take effect this summer unless vetoed by the City's Mayor.  Assuming it passes into law, the "Tenant Data Privacy Act" (the "TDPA") will provide strict limitations on landlords' collection and use of certain data they gather from tenants who use keyless entry systems [...]

Seller Beware: Important Due Diligence Issues For Commercial Properties

Most people involved in real estate have heard the phrase "caveat emptor" or "buyer beware." There are risks inherent in purchasing property: unseen structural flaws, hidden environmental contamination, and other unsuitable conditions that won't be advertised on a broker's website.  Buyers are not expected to purchase blindly—even the least sophisticated purchaser will engage in some degree of "due diligence" to learn about the asset they are hoping to acquire.  On-site inspections, appraisals, environmental testing, and [...]

COVID-19 Update: Supreme Court Denies Request To Lift CDC’s Eviction Moratorium

On June 29, 2021, the Supreme Court denied an application by a group of real estate agents and associations to lift the eviction moratorium issued by the Centers for Disease Control and Prevention (the "CDC"). Originally issued on September 4, 2020, the CDC's order temporarily banned evictions of residential tenants in an effort to mitigate the spread of COVID-19. The order, which was originally set to expire on December 31, 2020, was extended to January [...]