Archive for June 2020
New York City Council Considers Amendment to Local Law 97 Affordable Housing Provisions
On May 28, 2020, New York City Councilmember Costa Constantinides, among others, introduced a bill—Int. No 1947—to significantly amend the affordable housing provisions of Local Law 97 of 2019. Local Law 97 and the technical amendments in Local Law 147 of 2019 require most new and existing buildings in New York City over 25,000 gross…
Read MorePublic Service Commission Petitioned by NYSERDA To Fund Build-Ready Program
On June 5, 2020, the New York State Energy Research and Development Authority (NYSERDA) petitioned the New York Public Service Commission (PSC) for approval and funding of NYSERDA’s proposed Build-Ready Program, a program that would advance large-scale renewable energy projects by identifying sites that are consistent with New York’s standards and are made build-ready for…
Read MoreEnvironmental Issues in Bankruptcy Sales
The economic distress ensuing from COVID-19 will likely result in more frequent sales of business assets and real estate under Section 363 of the Bankruptcy Code. Section 363 sales provide an expedited process to raise revenue and are designed to enable an asset purchaser to take assets “free and clear of any interest.” However, the…
Read MoreCourt Denies Motion to Dismiss $100 Million Lawsuit Against Southampton
In a precedent setting decision, DLV Quogue, LLC v. Town of Southampton (Index No. 606443/2018), New York State Supreme Court Justice Carmen Victoria St. George denied the Town of Southampton’s motion to dismiss claims brought pursuant to 42 U.S.C § 1983 challenging the constitutionality of the Town Board’s denial of a rezoning application for a…
Read MoreNew York Solar Projects Face Compliance Challenges In Restarting Construction
All regions of New York State other than New York City have re-opened to construction activities, including residential and commercial solar energy projects. While there are no specific guidelines for solar construction, the State has published detailed guidelines for all construction projects (the “Guidance”). Projects must affirm their compliance with all State guidelines and post…
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