Dealing with a Residential Tenant Bankruptcy in NYC

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Dealing with a residential tenant’s bankruptcy in New York City (NYC) requires careful navigation of both bankruptcy laws and landlord-tenant regulations. Bankruptcy proceedings can significantly impact a landlord’s ability to pursue rent payments and eviction. Here are steps to take when dealing with a residential tenant’s […]

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Mediation in New York City property dispute controversies

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Mediation is a popular alternative dispute resolution (ADR) method used to resolve property disputes and controversies in New York City (NYC). Mediation involves a neutral third party, known as a mediator, who facilitates communication between the parties involved in the dispute and helps them work towards […]

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Buying Development Rights in NYC

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Buying development rights, also known as air rights or transferable development rights (TDRs), in New York City (NYC) involves the purchase of unused or underutilized development potential from one property to be transferred and used on another property. This process allows property owners to increase the […]

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NY Courts legally enforcing Yellowstone Injuction waivers

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M A “Yellowstone injunction” is a legal remedy available in New York State that allows a commercial tenant to seek a court order to stop a landlord from terminating a lease due to alleged lease violations or defaults. When a tenant seeks a Yellowstone injunction, they are […]

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NYC Condo Bylaws Legal Guide

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Condominium bylaws are a set of rules and regulations that govern the operation, management, and administration of a condominium building in New York City (NYC). They establish the framework for how the condo association functions, how unit owners interact, and how the building is maintained. Here’s […]

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Legal Guide for NYC Condo Offering Plans

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M A New York City (NYC) condo offering plan is a crucial legal document that outlines important details about the condominium project, its units, common areas, financial aspects, and other relevant information for potential buyers. It is a complex document that requires careful review and understanding. Here’s […]

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CONVERTING A NYC OFFICE BUILDING TO A RESIDENTIAL ONE

BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M   Converting a New York City (NYC) office building into a residential one can be a complex and regulated process. NYC has specific zoning and building codes that govern such conversions, and you must adhere to these regulations. Here are the general steps and considerations involved […]

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