Real Estate

In New York, commercial mortgage foreclosures can take years. Mortgage lenders find themselves tempted to short-circuit the process by taking, as additional collateral for their mortgage loans, pledges of equity interests in the borrower entities. Here, the members of the limited liability company borrower pledge their membership interests to the lenders to give the lenders
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Modern litigation entitles either party in a dispute to require the other party to dig through its files and computer records and hand over all sorts of documents and other information that could be “relevant” to the litigation. This process, called “discovery” or sometimes “disclosure,” often requires more work and creates more visits to the
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Cooking and real estate have some qualities in common. Sam Sifton, the New York Times food writer, engages so many readers, cooks and non-cooks alike, both because he personalizes his columns and he engages with the totality of cooking: the craft, the emotional benefits, and the social significance of sitting down together to eat delicious
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A new Zillow survey covering 26 metropolitan areas struggling with housing affordability finds there is broad support to allow backyard cottages, duplexes and triplexes in residential neighborhoods. The research found that 77% of all homeowners and renters surveyed voiced support for construction of either new accessory dwelling units (ADUs), duplexes or triplexes in residential neighborhoods.
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Despite many foreclosure moratoriums ending in December 2021, the national foreclosure rate remained flat from December to January 2022, and the overall delinquency rate dropped to another historic low, according to a new CoreLogic loan performance insights report. While government supports and a build-up in equity have helped many avoid foreclosure to-date, the U.S. can
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A new focus on sustainability is creating a shared commitment among tenants, investors and developers to reduce carbons emission in the built environment. Beyond providing building- and planet-level benefits, new tactics are impacting a property’s potential to increase foot traffic, attract tenancy and generate additional revenue. Nowhere is this more evident than in the adoption
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Creating art with tile is not a new phenomenon. Archaeological excavations have uncovered magnificent artworks on floors and walls dating back millennia. It’s likely that beautiful paintings were created at the same time on parchment and other more delicate media, but the durability, hardness and weather resistance of ceramic tile ensured its long term survival.
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Americans are heading out west—or rather, out southwest. According to data from the U.S. Census Bureau, three of the five states that are often considered the American Southwest— Arizona, New Mexico, Nevada, Colorado and Utah—have the second, third and fourth fastest-growing populations in the country in 2022. This comes as little surprise when considering many
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New construction homes are often touted as a way to avoid problems and gain benefits. They are trumpeted as the antidote to the headaches one faces in an aging house, while also serving as a blank canvas buyers can enjoy fully customizing. A brand-new home may indeed stand as an appealing option for many home
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Beatrix Farrand, one of America’s greatest landscape architects, was born 150 years ago. The anniversary comes at a good time to celebrate her work: several of her important gardens are undergoing extensive restoration, a previously private garden is now open to the public, and a lavishly-illustrated biography is heading for publication. Beatrix Farrand Beatrix Farrand
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The Biden administration has established a task force to tackle the decades-old problem of home appraisals undervaluing properties in Black communities. The property appraisal and valuation equity action plan (PAVE) is aimed squarely at dismantling racial bias in the home lending and appraisal process and promoting generational wealth creation through homeownership. When enacted, PAVE represents
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The stats are increasingly well reported and – in this era of swift climate change — ever more alarming. Some 39% of all the world’s carbon emissions are generated by the built environment and construction, according to the World Green Building Council. What’s more, the average American home emits 8.3 metric tons of carbon dioxide
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