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.

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