Westchester County Business Journal By: Jack Malley A recent decision by the Appellate Division, second department, in Goldcrest Realty Co. v. 61 Bronx River Road Owners Inc. has made it clear that in Westchester attempts to terminate a residential tenant’s lease may be enjoined by the order known as a “Yellowstone Injunction” until a lawsuit [...]
Selected Articles from Jay Romano's New York Times Real Estate Q & A Section featuring Kenneth R. Jacobs, Esq.
Smith Buss & Jacobs, in its capacity as General Counsel to the Riverbay Corporation, home to 55,000 individuals and the largest affordable housing cooperative in the United States, has issued the attached report of its investigation into the allocation of affordable housing units at Coop City. The report finds that the existing system is not [...]
Partners, Jeffrey D. Buss and Thomas W. Smith, were selected as Super Lawyers in General Litigation and Real Estate, respectively, for the Metro New York Area. Their biographies were featured in the September 2010 issue of New York Super Lawyers - Metro Edition magazine, a special advertising supplement in the New York Times Magazine on October 3, 2010 and they [...]
When she bought an apartment in the Gleam Tower Condominium in Flushing, Queens, in April 2008, Jing-Jing Hu was thrilled with her new home. she was, however, unaware of a few crucial things. she did not know, for instance, that this 27-unit building was self-managed. or that the board members paid themselves a salary [...]
Shareholders and unit-owners who make alterations to their apartments are usually required to sign an alteration agreement with their buildings, detailing what they intend to do, how long they will take, how they will conduct their work, and who will be responsible for the alteration after it is completed. Unfortunately, some buildings fail to insist [...]