February 24, 2021
In both New York and Connecticut, a "time is of the essence" clause in a contract indicates that the failure to close the transaction by the time specified will be considered a material breach under the contract. Read More >
Time is of the Essence Clause in Real Estate
January 06, 2021
On December 16th, 2020, the United States District Court for the Southern District of New York issued an opinion in which the Court interpreted a force majeure provision as it relates to the COVID-19 pandemic. Read More >
close NYC storefronts during COVID 19
January 04, 2021
As a result of the impacts of the COVID-19 pandemic, parties to residential real estate transactions have experienced and may continue to experience unanticipated delays in closings. Read More >
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