Party Walls; Not Just Fun and Games

June 15, 2012

In New York City and other densely populated areas, buildings often share a common wall known as a party wall.  The wall may have been constructed more than one hundred years ago and may or may not be referenced in a deed or subject to a written party wall agreement.  …Read More

The Important Role of the SNDA in a Commercial Lease

June 1, 2012

The recent influx of foreclosures has made the Subordination, Non-Disturbance and Attornment Agreement (SNDA) more important than ever for commercial tenants.  As the name implies, the SNDA is generally designed to subordinate a lease to a mortgage (or other superior real estate interest), allow the tenant to remain in possession …Read More

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