Preparing to close a loan for a large office building acquisition. Meeting with clients who had traveled from Buffalo to Manhattan for a hearing. Anticipating a brother opening a New York restaurant. These are among the Sept. 11 stories New York real estate lawyers shared with Law360, 25 years after the attacks on the World Trade Center.
Developers across the country are accusing city and county governments of violating their constitutional rights to due process, claiming in federal lawsuits that recently enacted moratoriums on data center projects are expressly targeting them.
Shareholders at a residential cooperative on New York City's Billionaire's Row scored a victory last week when the Appellate Division vacated an arbitration award that would have seen the ground-lease rent increase nearly sixfold to $24.6 million. Gayle Pollack, a partner at Morrison Cohen LLP who led the team representing the tenants, spoke to Law360 about her work on the case.