BBG News

BBG IN THE NEWS

Apr 25, 2023

Founding partner Sherwin Belkin was featured in a January, 2023 Quarterly Market Update webinar on numerous issues affecting New York City multifamily housing presented by Marcus & Millichap, which can be accessed here: https://www.youtube.com/watch?v=q-o4mgpsRjgMr. Belkin was quoted in a January 20 article in The Real Deal that reported on a Court decision reinstating a tenant’s overcharge complaint in a building receiving 421-a abatement benefits: https://therealdeal.com/new-york/2023/01/20/judge-reopens-tenants-421a-rent-overcharge-suit-against-muss/, and in a February 23 article in the same publication about an unintended consequence of the HSTPA—illegal tenant pied-a-terres: https://therealdeal.com/new-york/2023/02/23/illegal-pieds-a-terre-may-have-mushroomed-under-rent-law/Mr. Belkin was also quoted in a March 6 article in brickunderground.com discussing the new City law regulating AirBnB-type transient use of apartments, and how building owners can register to prohibit them: https://www.brickunderground.com/rent/local-law-18-prohibited-building-list-short-term-rentals-airbnb-nyc, in a March 16 article in The City, critiquing proposed “good cause eviction” legislation: https://www.thecity.nyc/housing/2023/3/15/23642328/hochul-housing-crisis-legislature , and in the “Ask Real Estate” feature in The New York Times Sunday Real Estate section on March 19, regarding an owner’s remedies involving a non-paying tenant: https://www.nytimes.com/2023/03/18/realestate/failure-to-pay-rent.html. 

 

Mr. Belkin and Aaron Shmulewitz, head of the Firm’s co-op/condo practice, jointly presented a webinar hosted by AKAM Associates on March 8 regarding new New York City Local Law 18 regulating AirBnB-type transient use of apartments; the webinar can be accessed here: https://drive.google.com/file/d/1pZ200kLi9w4Azh7FjutAQMhYbBsttNCu/view. 

 

Litigation Department partner Matthew S. Brett was quoted in a December 27 article in The Real Deal, and in a January 3 article in law360.com (https://www.law360.com/real-estate-authority/articles/1561820), with regard to a lawsuit brought by BBG on behalf of Kingston property owners to challenge the proposed imposition of rent stabilization in that city, and a concomitant rent reduction. 

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