Cooperative Boards of Directors Do Not Have Unlimited Power to Reject Proposed Purchasers
By David L. BerkeyPartner at Gallet Dreyer & Berkey, LLP
Think, Before Threatening Not to Perform
This life lesson comes to us from the County of Rensselaer, outside of Albany.
Congratulations to Marc Luxemburg on becoming Of Counsel
It has been my life’s calling to provide legal services to clients, but I am pleased to announce that as of...
Reverse Mortgage Loans on Residential Coops Are Now Authorized
After an extensive lobbying effort by residential coops and their trade associations, cooperative apartment...
They Are Not Called "Consequential Damages" For Nothing
In order to be recoverable, damages resulting from a breach of contract must have arisen “as a consequence”...
Ended But Not Over – the Realities of the Moratorium Aftermath
In her January 16, 2022, Administrative Order, the Chief Administrative Judge reported that “all residentia...
Hearsay Rule Revised. Yes, It’s a Big Deal
Suppose you’re working on a construction project and one of the workers for a plumbing company drops a pipe...