Belkin · Burden · Goldman, LLP’s Post

📢 The Summer 2024 Edition of the Quarterly BBG Real Estate Law Update is now available! Get the latest insights by clicking here: https://bit.ly/4cBO294 📰 Here's what you'll find inside this exciting edition: ✅ Good Cause Eviction ✅ The Next Generation of NYC Tax Incentives ✅ From Beyond the Grave ✅ Celebrating Robert Holland ✅ Recap of Our Succesful Good Cause Eviction Seminars ✅ Owner Defeats Rent-Controlled Tenant's "Excusable Absence" Defense Premised on COVID-19 Pandemic ✅ Challenge to Decades-Old Deregulation of Former Rent-Controlled Apartment is Upheld by Court of Appeals ✅ The Requirement of "Commercial Reasonableness" in Foreclosing on Co-op Shares ✅ An Opportunity to Increase Rents and Recoup Capital Costs - Budget Bill Amends IAI Rent Increase Rules ✅ BBG Proudly Supports Community Initiatives ✅ BBG Continues to Expand and Welcomes New Hires ✅ Recent Transactions of Note ✅ BBG In The News ✅ Co-op/Condo Corner Stay informed with the latest developments in #realestate, #NYC, and #legal matters by joining our mailing list on our website. 💼🏢📚

Belkin · Burden · Goldman, LLP recently achieved two major victories at the Appellate Term, First Department. 💼 Case 1: Reversal of Housing Court's Stay Decision: The Appellate Term unanimously overturned the lower court decisions, stating that the Housing Court could address the tenant's absence. David Skaller, Magda L. Cruz, and Michael Nesheiwat led the appeal. 💼 Case 2: Expansion of Non-Primary Residence Discovery Scope: The court ruled that landlords can thoroughly investigate the tenant’s defense, even considering Covid-19 claims. This case, handled by Sherwin Belkin, David Skaller, Magda L. Cruz, and Daniel Phillips, sets a significant precedent. For more details, click here: https://bit.ly/3zxcERr . #BBG #LegalVictory #Appellate #HousingCourt #RealEstate #NYCLaw

On June 13, 2024, DHCR issued Operational Bulletin 2024-1: “Rent Registration Filing Deadlines and Penalties for Delinquent Registrations.” This is in response to Chapter 760 of the Laws of 2023, effective December 22, 2023. Key Points: 🏢 Initial Registrations: File within 90 days of rent stabilization. 📅 Annual Registrations: File by July 31st each year. 💸 New Penalties: $500 per unregistered unit, per month. Given the steep penalties, it is important to ensure your DHCR registrations are up-to-date. For more information, click here: https://bit.ly/3L6w8z9. #DHCR #RentRegistration #BuildingOwners #Compliance #RealEstate #NewYorkHousing #BBG #NYC

Our recently hired attorneys, Jose Saladin and Mike Mulia, have been featured in Crain's New York Business, People on the Move! 🎉 We are thankful to have these talented professionals on our team. #NewHires #TeamGrowth #CrainsNY #LawFirm #LegalIndustry #RealEstateLaw #NYC #PeopleOnTheMove

🏆 Exciting News!🏆 BBG is proud to announce that we have once again been recognized as a top-tier real estate law firm by Chambers and Partners for 2024. We are honored to receive this prestigious ranking, which is a testament to our expertise and dedication in this field. Chambers and Partners, a globally recognized directory that has ranked BBG as a top firm for Real Estate Litigation, has also acknowledged our esteemed practitioner, Sherwin Belkin, for his outstanding contributions to the field. We extend our heartfelt thanks to our valued clients and the entire BBG team for their unwavering support. #BBG #ChambersAndPartners #RealEstateLaw #TopTierFirm #LegalExcellence #RealEstateLitigation #PrestigiousRecognition

Join us on June 27, 2024 from 4:00 – 5:00 p.m. for a webinar where our Co-Founding Partners, Sherwin Belkin and Jeffrey L. Goldman, will share their insights on New York's Good Cause Eviction Law. This event, hosted by AKAM, will dive deep into the law's impact on landlords, tenants, and the rental market, and discuss the qualifications for good cause. BBG Panelists: Sherwin Belkin, Co-Founding Partner Jeffrey L. Goldman, Co-Managing Partner Moderated by AKAM Professionals: Adam Hirsch, VP of New Development Rental and Commercial Management Gil Maman, VP of Business Development To register, click here: https://bit.ly/4ed15ip. #Webinar #RealEstateLaw #GoodCauseEviction #BelkinBurdenGoldman #AKAM #IndustryInsights

Sherwin Belkin, Co-Founding Partner, was quoted by The Real Deal in the article titled “Suddenly, controversial co-op bill gets new life.” A proposed bill to limit ground lease rent increases for co-op shareholders and give them renewal rights gained momentum in the New York Senate but faced opposition for potential constitutional violations. Mr. Belkin stated that, “[he] views the bill as part of a “disturbing trend of legislative overreach.” He noted that, typically, the fee owner and the co-op are able to renegotiate leases rather than have the building revert to a rent-stabilized property.” #RealEstateLaw #Legislation #RealEstate #BBGLLP #TRD

🏃♂️🏃♀️ Our Firm Ran at the 2024 JPMorgan Corporate Challenge! Over 20+ BBG team members participated in this 3.5-mile race around Central Park, joining thousands of competitors from across #NYC. Proceeds benefit the Central Park Conservancy's mission to restore and enhance this iconic park. Thank you to our dedicated team and supporters! #JPMCC #Teamwork #BBGLLP #CorporateChallenge #NYCEvent #CentralPark #RaceDay #CompanyCulture

🌟 We're excited to introduce our 2024 Summer Associates! 🌟 This year, we're thrilled to welcome to the team Jenna Tammaro, a rising 3L and J.D. candidate at Brooklyn Law School, and Julianne Buff, a rising 3L and J.D. candidate at St. John's University School of Law. During their internship with us this summer, each of them will have the unique opportunity to gain valuable legal experience within our comprehensive practice areas, while at the same time, contributing their fresh perspectives and enthusiasm for real estate law. Welcome to the BBG family, Jenna and Julianne! #Welcome #NewHires #SummerInternship #RealEstateLawFirm #BBGLLP