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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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Gross Lease vs. Net Lease: Understanding the Key Differences

Commercial leases can take a variety of forms, which is often confusing for both landlords and tenants. Understanding the different types, especially the gross lease structure, is important when selecting the lease that best suits your needs. One key distinction between lease types is how rent is calculated and paid. This article addresses the two […]

Author: Robert L. Baker, Jr.

April 5, 2025

Business Disputes

Tips for Commercial Landlords Impacted by Wave of Retailer Bankruptcies Part 1

The retail sector has experienced a wave of bankruptcy filings over the last year. Brick-and-mortar businesses in financial distress include big-name brands like Big Lots, Party City, The Container Store, and Vitamin Shoppe. When large retailers seek bankruptcy protection, they are not the only businesses impacted. Landlords can be particularly hard hit. While commercial landlords […]

Author: Brian D. Spector

March 27, 2025

What Are FIRPTA Withholding Requirements?

If you purchase real property from a foreign person or entity, you may be required to withhold taxes from your payment to the seller under the Foreign Investment in Real Property Tax Act (FIRPTA). The federal tax law is designed to ensure that foreign sellers pay any applicable capital gains tax on profits realized from […]

Author: Jesse M. Dimitro

March 11, 2025

Estate & Trust Litigation

Does Your Homeowners Insurance Provide Adequate Coverage?

Your home is likely your greatest asset, which is why it is so important to adequately protect it. Homeowners insurance protects you from the financial costs of unforeseen losses, such as theft, fire, and natural disasters, by helping you rebuild and replace possessions that were lost While the definition of “adequate” coverage depends upon a […]

Author: Jesse M. Dimitro

March 7, 2025

Understanding the Importance of a Non-Contingent Offer

Making a non-contingent offer can dramatically increase your chances of securing a real estate transaction, particularly in competitive markets like New York City. However, buyers should understand that waiving contingencies, including those related to financing, or appraisals, also comes with significant risks. Determining your best strategy requires careful analysis of the property, the market, and […]

Author: Jesse M. Dimitro

March 5, 2025

What Is Title Insurance? Safeguarding Against Title Defects

If you are considering the purchase of a property, you may wonder — what is title insurance, do I need it, and why do I need it? Even seasoned property owners may question if the added expense and extra paperwork is really necessary, especially considering that people and entities insured by title insurance make fewer […]

Author: Patrick T. Conlon

February 13, 2025

Commercial Zoning: What Every Business Owner Needs to Know

If you operate a business, you need to understand how commercial zoning rules may impact you. For instance, zoning regulations can determine how you can develop a property and what type of activities your business can conduct. To ensure that you aren’t taken by surprise, it is always a good idea to consult with experienced […]

Author: Jesse M. Dimitro

February 12, 2025

How Will Local Law 97 Impact NYC Real Estate?

Pursuant to Local Law 97 (LL97), most New York City buildings over 25,000 square feet are now required to meet new greenhouse gas (GHG) emissions limits, with stricter limits coming into effect in 2030. The new law is designed to foster deep emissions cuts from the city’s largest buildings. For building owners, understanding your compliance […]

Author: Jesse M. Dimitro

February 7, 2025

Local Law 97

How to Navigate a SWARMP Designation by the NYC Department of Buildings

New York City buildings greater than six stories tall are subject to the Façade Inspection and Safety Program (FISP). The safety of these buildings must be periodically inspected by a Qualified Exterior Wall Inspector who then submits a report to the New York City Department of Buildings designating the building as either Safe, Unsafe, or SWARMP, which […]

Author: Jesse M. Dimitro

February 4, 2025

Local Law 11

The Role of Commercial Property Law in Leasing and Tenant Disputes

The combination of lengthy leases and high rents means even small leasing disputes can have significant financial consequences. Both landlords and tenants must fully understand their rights and obligations under lease agreements and commercial property law. Scarinci Hollenbeck, LLC can assist with all of your commercial real estate needs. Commercial Landlord Responsibilities Owning and leasing […]

Author: Jesse M. Dimitro

January 29, 2025

What Are the Types of Boundary Disputes? A Legal Breakdown

All types of boundary disputes between property owners are complex and can easily become contentious. Whether you are a property owner, real estate developer, or otherwise involved in a boundary conflict, you need experienced legal guidance. What Are Boundary Disputes? A boundary dispute is a disagreement about the exact location of a property’s border, which […]

Author: Scarinci Hollenbeck, LLC

January 17, 2025

How Restrictive Covenants Impact Your Property Rights

Restrictive covenants are common in real estate transactions, and they can impact you whether you purchase or lease property. Because a restrictive covenant can limit how you use the property, such as prohibiting certain business activities or limiting changes to the property, it is imperative to review these provisions carefully and ensure that you fully […]

Author: Scarinci Hollenbeck, LLC

January 16, 2025

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