Making the Jump to Commercial Real Estate

I see it happen to successful residential real estate investors all the time. They get to a point where they’re doing a little bit of everything – working on rehabs, picking up some residential rentals to hold, assigning some of their contracts when the numbers  make sense and looking at bigger deals.  They’re in a… Continue Reading



The Commercial Mortgage Modification

Case Study: The following represents and actual commercial mortgage modification matter in which James E. Clark served as counsel.  Names of parties and other identifying information has been changed to protect the confidences of the parties.  The following represents a smapling of the type of work Mr. Clark has done in the past and in no… Continue Reading



Types of Deeds in New York State

Real estate deeds are legal instruments that are used to transfer ownership of real property including the land and its improvements (such as a house or buildings) and attachments.  Words used to effectuate the conveyance of property may be grant, assign, convey or warrant, but they basically all do the same thing, they transfer the… Continue Reading



Guarantors and Summary Eviction Proceedings

The guarantor of a lease agreement cannot be made a party to a New York summary eviction proceeding, unless the guarantor also has some independent possessory interest in the property. A landlord’s eviction of a tenant in New York State is primarily achieved through a nonpayment or holdover summary proceeding under Article 7 of the Real… Continue Reading