New York Law Journal Featured Columnists October 1, 2008
By David Badertscher, PLL
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<p><a href="http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202424918371" target="_blank"><font size="2"><font color="red">Free With Registration:</font> Real Estate Securities</font></a><br/><font size="2">Wednesday, October 1, 2008<br/>By Peter M. Fass<br/><br/>
"Peter M. Fass, a partner at Proskauer Rose, discusses the NMTC, a nonrefundable tax credit intended to encourage private capital investment in eligible low-income communities and make economically marginal deals feasible, which in the absence of the subsidy provided by the credit generate some economic returns but not at a sufficient level to make the deals economically feasible." </font></p>
<p><a href="http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202424917768" target="_blank"><font size="2">Appellate Practice</font></a><br/><font size="2">Wednesday, October 1, 2008<br/>By Thomas R. Newman and Steven J. Ahmuty Jr.<br/><br/>"Thomas R. Newman, of counsel to Duane Morris, and Steven J. Ahmuty Jr., a partner at Shaub, Ahmuty, Citrin & Spratt, write that in certain circumstances enumerated in CPLR 5602(a), '[a]n appeal may be taken to the court of appeals by permission of the appellate division granted before application to the court of appeals, or by permission of the court of appeals upon refusal by the appellate division or upon direct application.' "
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<p><font size="2">OUTSIDE COUNSEL:</font></p>
<p><a href="http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202424918338" target="_blank"><font size="2">Leasing Dinosaurs</font></a><br/><font size="2">Wednesday, October 1, 2008<br/>By Adam Leitman Bailey and Dov Treiman<br/><br/>"Adam Leitman Bailey and Dov Treiman, partners at Adam Leitman Bailey P.C., write that current form leases do not take into account the developments in the law that have arisen since they were composed - some more than 20 years ago. Of course, the law is always in a state of development, and any form lease devised today can find some of its provisions made questionable by a decision that can come down tomorrow. But so many decisions have come down since the composition of the currently commercially available rent-stabilization leases that they have become dinosaurs, deserving of being relegated to a museum. "</font></p>
<p><font size="2">Real Estate Trends</font></p>
<p><a href="http://www.law.com/jsp/nylj/PubArticleNY.jsp?id=1202424918302" target="_blank"><font size="2">Affidavit of Service</font></a><br/><font size="2">Wednesday, October 1, 2008<br/>By Warren A. Estis and William J. Robbins<br/><br/>"Warren A. Estis and William J. Robbins, partners at Rosenberg & Estis, review a recent decision where a Brooklyn Civil Court judge addressed whether the late filing of the affidavit of service deprives the court of personal jurisdiction over the respondent or subject matter jurisdiction over the proceeding, or whether it is a de minimus error subject to correction." </font></p>
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