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THE LEGAL DESCRIPTION: Drilling down on the New York Effect

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Memo to Clients – Regulation 208 Summary

(effective December 18, 2017)

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NYSLTA Summer 2017 Newsletter

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NYSLTA Special Edition Newsletter

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NYSLTA Winter 2016 Newsletter

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Changes to the S.T.A.R. Program

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NYSLTA Summer 2016 Newsletter

Summer 2016

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NYSLTA Fall/Winter 2015 Newsletter

4th Quarter 2015

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2014 Summer Newsletter

August 14, 2014

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Spring 2012

May 1, 2012

Building Loan Mortgages:  Two significant cases relating to Building Loans have been decided recently.  Both cases reinforce the proposition that when in doubt, file a building loan agreement! A) In Altschuler Shaham Provident Funds Ltd v GML Tower LLC, an existing first mortgage was taken by assignment, at which time the parties entered into an agreement, not filed, by which additional funds were to be advanced for construction on the premises.

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