To combat against the harmful effects of climate change, the New York City Council recently passed the Climate Mobilization Act (CMA)[1] – landmark legislation aimed at reducing New York City greenhouse gas emissions levels by 40% by 2030 and 80% by 2050, which will have major implications for New York City building owners, prospective

*Update: On November 4, 2019, after coming under heavy fire from New York City’s real-estate industry, the State’s Department of Finance and Taxation issued a new guidance that notably no longer requires LLC sellers and buyers of residential condominium units to disclose the identities of their members.  Several sources following this development conclude this policy

In a landmark decision, the Court of Appeals, New York State’s  highest court, has endorsed a commercial tenant’s waiver of its right to seek a “Yellowstone” injunction, perhaps sounding the ultimate death knell for this common remedy  for commercial tenants who are facing claims of default from their landlords. A Yellowstone injunction enables a tenant