August 15, 2012
Fascinating 21st Century Real Estate Cases
The New York Observer has a list of the 15 Most Fascinating NY Real Estate Cases of the 21st Century, based on a survey of NYC real estate lawyers. Although most involve contracts or financing gone awry, a few involve zoning and land use disputes. They also make use of Sherlock Holmes-esque titles, like "The Case of the Mischievous Mall Developer."
Of particular interest are "The Case of the Masterpiece & The Condo Ad," involving a dispute over advertising, public art, and landmarking. The "Case of the Museum and the Architect" involves a building designed by Jean Nouvel next to MOMA, as well as zoning, landmarking and air rights issues. "The Case of the Brooklyn Basketball Arena" gives a very truncated summary of the series of legal battles over eminent domain and the construction of a new arena for the Brooklyn Nets. (For a more detailed account in response from critics of the development see the Atlantic Yards Report). And "The Case of the Abused J-51" details the legal battles over rent regulation following the $5.4 billion purchase of Stuyvesant Town.
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this post is really great since it has been helpful and at the same time, informative. Really worth the read! I do hope that you'd still keep on posting such informative articles like this. :)
Posted by: Anastasia L. Thelusma | Oct 16, 2012 8:08:25 PM
hey also make use of Sherlock Holmes-esque titles
Posted by: Real Estate UAE | Nov 8, 2012 4:08:48 AM