On April 8, 2020, Real Estate partner Jay A. Neveloff and Land Use partner James P. Power will lead the discussion on real estate/land use, as part of Kramer Levin’s COVID-19 Webinar Series.
The discussion will include:
Real Estate
- Requests for rent relief and debt service relief.
- What is happening with the capital markets and the CMBS market? Are they still functioning?
- Are existing deals with signed contracts closing?
- Are contracts for new deals getting signed?
- Where will the next opportunity be when the dust settles (condo market, retail, office)?
Land Use
- Construction moratorium in New York City and the exceptions.
- Processing of applications at DOB, DCP, BSA, LPC.
- Impact on public hearings at those agencies and community boards.
- Impact on the ULURP clock.
- Impact on air rights transactions.
Click here for the recording.