by Debra Guzov | Real Estate Legality, Real Property
What steps should shareholders and owners take when members of their co-op or condo board are mismanaging the property? Purchasing an apartment is an investment and board members need to ensure they uphold their fiduciary duties and protect the interests of the...
by Debra Guzov | Real Estate Developments
Fisher Brothers sponsored a $30,000 competition for architects and designers in New York to come up with ideas for Park Avenue’s median from 46th to 57th Street. The Fisher Brothers are known for their commercial real estate portfolio including Park Avenue Plaza, 299...
by Debra Guzov | Guzov's Good Advice, Other, Real Estate Legality
In past posts we have talked about how to deal with co-op and condo renovations, so that you or neighbor can enjoy those new bathroom fixtures, but with all construction comes the chaos, the noise and debris. When does the noise from construction become unreasonable?...
by Debra Guzov | Real Estate Developments
A newly-proposed tower on the Upper West Side is set to be that neighborhood’s tallest building. Since the plan was introduced, it has faced strong opposition from residents, organizations, and politicians. The old Lincoln Square Synagogue at 200 Amsterdam Avenue had...
by Debra Guzov | Guzov's Good Advice, Real Estate Legality
The business judgment rule, adopted from commercial law, permits co-op and condo boards to make decisions without the fear of judicial inquiry. In the 1990 case Levandusky v. One Fifth Ave. Corp. the court held “[i]t is well settled that the business judgment rule...
