Capital Region Legal News

Friday, February 17, 2017

How do short sales work in New York?


When the housing crisis started ramping up in 2008, short sales re-emerged as a popular way to sell a home that you are upside-down on, without being liable for the remainder that the sale of the house did not cover. Today, the short sale is as popular as ever in the real estate industry as an alternative choice to the oft-dreaded mortgage modification.

Why do banks agree to short sales?

It turns out that banks lose more in a foreclosure than they do with a short sale.


Read more . . .


Monday, February 13, 2017

How can I get my New York criminal charges expunged?


Many individuals who have made mistakes in the past and are working to move on may still be haunted by prior convictions. Television and well-meaning friends and relatives usually bring up the topic of expungement as a means to vanquish past offenses. Unfortunately, if you were convicted of a crime in New York, expungement, or record destruction, is not an option. There are other options however, your


Read more . . .


Saturday, February 11, 2017

Drug Tests to Be Excluded from Lake George Boat Crash Prosecution


When does a violation of criminal procedure prevent prosecutors from using incriminating evidence at a criminal trial?

A man charged with manslaughter, assault, criminally negligent homicide and boating while impaired has just received a huge break. Though witnesses saw him taking drugs, including cocaine and hashish, and though drug tests found three types of drugs in his system, his criminal defense lawyers will not have to deal with all of the evidence at trial. Warren County prosecutors have announced they will not be using the drug test results because of a procedural error.


Read more . . .


Tuesday, January 31, 2017

What are the top 5 mistakes people make when facing assault allegations?


If you have been charged or are otherwise facing allegations of assault, you are likely having some anxiety about the process and what you should do next. The best thing you can do is talk to an experienced criminal attorney before you do anything else. Below, we have some of the top 5 mistakes that people facing assault allegations have made, so you can avoid making these costly mistakes yourself.

#1 Talking to the Police

While we understand that you may feel that having the police understand your side of the story will make everything go away, talking to the police without the advice of a lawyer is the worst thing you can do for yourself.  Often, you are actually arrested when you get to the station.


Read more . . .


Monday, January 30, 2017

Here's How Mortgage-Rate Increases Could Impact NYC Real Estate


How will the mortgage interest rate increase affect you?

The Federal Reserve raised interest rates 0.25 percent last month, which means that mortgage rates are at the highest they’ve been in all of 2016. While rates are still at a historical low, there is talk about the Feds raising them again in 2017.


Read more . . .


Monday, January 23, 2017

Child Abuse Charges Are Difficult to Defend Against


How can your lawyer defend you against charges of child abuse?

As individuals who have been wrongly accused of child abuse, particularly child sexual abuse, know all too well, innocence can be very difficult to prove. Just as we know that child abuse is much more common that we used to believe, we should be aware that false accusations of child abuse are not infrequent. Such false charges are especially common in highly dysfunctional families and in families going through unusually acrimonious divorces. If you find yourself accused of, or charged with, child abuse, whether physical, emotional, or sexual, it is essential that you engage the services of a


Read more . . .


Monday, January 16, 2017

Courting of Public Officials Leads to Fines for Real Estate Company


What criminal law problems can arise when real estate and business professionals and real estate developers seek help from political officeholders?

For real estate developers and businesspeople trying to maintain friendly relations with politicians, caution is a must. The New York State Ethics Commission in Albany has announced a settlement with two companies for their role in criminal cases involving Dean Skelos, the former New York State Senate Majority Leader, and Sheldon Silver, the former State Assembly Speaker.

Real estate company Glenwood Management Corp.


Read more . . .


Thursday, December 29, 2016

What Will a Trump Presidency Mean for New York Real Estate?


In the months leading up to the election, New York real estate agents witnessed a significant shift in buyer behavior due to uncertainty over who would ultimately win the Presidential race. Some buyers even sought to include a clause in their contract that if Donald Trump was elected, they would have the option to cancel the sales contract.

In the days following the election, real estate agents experienced cancelled viewings and delayed contracts.


Read more . . .


Tuesday, December 27, 2016

Critical Issues in Commercial Real Estate Transactions


How can I protect by business in a commercial real estate deal?

As the broader economy continues to recover, the commercial real estate market in the Capital Region offers investors a number of opportunities. At the same time, there are inherent risks associated with the purchase and sale of commercial property. Let's take a look at some of the key issues that need to be navigated in order to achieve successful outcomes. 

Financial Issues

The overarching factor involved in these transactions is the size of the investment, and determining an accurate valuation of a property requires due diligence. Obviously, this hinges on the type of property you are looking to buy, whether an office building, apartment complex, shopping mall and the like.
Read more . . .


Tuesday, December 27, 2016

Boyfriend of ‘Catwoman’: Assault situation ‘very disturbing’


What sentences might the Catwoman face for her actions?

Being charged with assault and battery is serious. Charges can range from probation to real jail time. New York is waiting with morbid fascination to see what will happen to Jocelyn Wildenstein, after being arrested on assault charges.


Read more . . .


Sunday, December 11, 2016

What disclosures are required in residential real estate transactions?


Would you move into a house or apartment that was the site of a suicide, homicide or other violent crime? Do you think real estate agents are required to tell you if the home has been involved in some way with a death or violent crime?

These questions came up in a recent article published in the New York Times about New York residential properties and their sometimes troubled past.

When Julia Dahl and Joel Bukiewicz were looking for an apartment to rent in Brooklyn, their real estate agent felt compelled to disclose to them that the prior renter of the apartment they were about to view had committed suicide in the apartment.


Read more . . .


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