Kasowitz Attorneys Co-Author New York Real Estate Trends & Developments Section for Chambers US Regional Real Estate 2022 Global Practice Guide
Kasowitz Benson Torres real estate litigation partner Paul “Tad” M. O'Connor III and real estate transactions partners David Szeker and Darwin Huang co-authored the New York “Trends and Developments” section of Chambers US Regional Real Estate 2022 Global Practice Guide. The authors discuss the trends and developments in the New York real estate market, including how the New York residential market has rebounded and how landlords are dealing with non-paying tenants, the current state of New York’s commercial leasing market, including how the remote and hybrid work model has impacted the way tenants use their space, and the impact of New York City’s Local Law 97 on the market and potential future challenges facing the New York real estate market.
Paul “Tad” M. O’Connor III, partner and co-chair of Kasowitz Benson Torres’ Real Estate Litigation practice, has significant experience representing major private equity firms, financial institutions, real estate developers and owners, hotel operators, corporations and high-net-worth individuals in commercial disputes and real estate matters involving major commercial and hotel properties in the US and Europe in federal and state courts and before arbitration tribunals in the US and Europe.
David Szeker, real estate transactions partner at Kasowitz Benson Torres, has significant experience representing leading developers, investors, and owners in all aspects of commercial real estate law, including acquisitions and dispositions, financing, the negotiation and formation of joint ventures, and office and retail leasing. He also advises on defaulted mezzanine loans, UCC foreclosure actions and other complex defaulted financing transactions.
Darwin Huang, real estate transactions partner at Kasowitz Benson Torres, represents developers, investors, owners, and lenders in transactional real estate matters, including acquisitions/dispositions and financings of commercial, condominium, hotel and mixed-use properties, as well leasing of office and retail space. He also regularly advises on loan workouts, foreclosures, joint ventures, leasing and licensing agreements.