2024 Real Estate Law & Market Recap
Discover some of the key events of the 2024 NYC real estate industry, from the City of Yes approval and introduction of TODD to the challenging housing market.
Effects of the Recent National Association of Realtors Ruling
What can buyers, sellers and members of REBNY expect from the recent ruling involving the NAR and real estate commissions.
Filing an Offering Plan for A Condominium In New York
From initial considerations to regulatory approval, what does filing a condominium offering plan require?
Transfer on Death Deeds: State Amends New York Real Property Law
The state budget bill has recently introduced a new tool to the state’s property laws to simplify the process of inheritance.
Overview of the Condominium Offering Plan
What does a condominium offering plan contain? What are the rights and obligations of unit owners? How far does a sponsor’s control reach?
Introduction to Condominium Offering Plans
Condominium offering plans are a prerequisite for the public offering or sales of condominiums and must be approved by the Department of Law.
A Guide to Recent Changes to the Property Condition Disclosure Act for Purchasers and Sellers of Residential Real Property
While the original PCDA addressed various property concerns, legislatures deemed updates necessary to increase consumer protection.
State of Anonymity for LLCs in New York State
LLCs have been a favorite tool for real estate investors looking to maintain anonymity. But the NYLTA has brought some significant changes to that.
Reflection on the Year 2023 in Real Estate
2023 was marked by some notable developments in real estate that should set the stage for an intriguing 2024 and beyond.
Pros & Cons of Mayor Adams’ Zoning Change Proposal to Boost Housing Supply in New York City
Meant to boost NYC’s housing stock, Mayor Adams has proposed a number of zoning changes to ease the development and redevelopment process.
New York City Mayor Adams’ Zoning Change Proposal to Boost Housing Supply
NYC Mayor Eric Adams unveiled the “City of Yes for Housing Opportunity” proposal to address the escalating housing crisis in New York City.
Commercial to Residential Conversions & High Office Vacancies in NYC
Commercial-to-residential conversions are increasingly explored to help repurpose underutilized CRE and address the lack of affordable housing.
Digital Signatures vs. Electronic Signatures: Understanding the Difference
Often used interchangeably, the terms digital signatures and electronic signatures play different roles in validating documents and transactions.
New York Land Banks 101: Understanding the Basics & Functions
What do New York land banks do? Explore the objectives, functions, and influence on local communities of New York land banks in 2023.
Proposed Key Changes to 1031 Rules Under the Biden Administration’s New Plan
Significant changes may be on the horizon for 1031 exchange rules that aim to limit eligibility, increase tax rates and cap deferral amounts.
Is Title Insurance Necessary in NYC?
While it is not legally required to purchase title insurance when buying real estate, there are important aspects to consider why you should.
What to Do If You’re Having Issues After Buying a House In an HOA
If you’re having issues with a homeowners’ association (HOA), carefully consider your options because litigation is a time-consuming, costly decision.
6 Important Considerations Before Buying a House in a Homeowners Association
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. It’s important to do your due diligence with…
Is It a Good Time to Buy or Sell My Home?
It has it’s become difficult to gauge the housing market in the current global environment. Here’s what to consider before buying or selling:
8 Leasing Options to Consider in the Post-COVID Era
Since shutdowns will continue to be used to combat pandemics, landlords and tenants need to prepare to negotiate provisions related to such events.
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