Ground Leases

11 Articles and Other Items Found

Click Here for Some of Joshua Stein's Completed Matters (Ground Leases)

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The Most Important Issue in Every Ground Lease [2013]mail

When a property owner and a developer negotiate a long-term ground lease, what does each side need to know to protect its interests over time? Joshua Stein discusses the issues faced by landlords, tenants and lenders.
Ground Leases: One Key Issue (Ground Rent) [2012]mail

A brief look at the most crucial issue for every landlord under a ground lease: how to adjust the ground rent over many years, to protect the landlord from inflation
Did the Sky Fall on Leasehold Mortgagees? (The Qualitech Case -- Five Years Later) [2009]mail

In 2003, the "Qualitech" decision struck fear into the hearts of leasehold mortgagees from coast to coast. Later cases confirm Joshua Stein's opinion at the time that the fear of "Qualitech" was overstated.
It Was Part of the Deal -- Ground Rent Resets in Battery Park City [2009]mail

On April 20, Crain's New York Business published an article expressing concern about how adjustments in ground rent would affect condominium owners in Battery Park City. Click anywhere on this paragraph to read Joshua Stein's comments in response, which appeared in Crain's on April 27.
Are Ground Lease Rent Reset Clauses Formulas for Disaster? [2007]mail

Long-term ground leases usually contain appraisal-based rent adjustments -- perhaps the single largest source of ground lease litigation. This article explains where the problems lie and how to prevent them.
Techniques for a Developer to Structure "For Sale" Apartments in a Leasehold Project [2007]mail

Condominium developers typically sell units outright to end-users. But what happens if the developer only holds a long-term lease on the building? This article explores some techniques to sell apartments that are built on a leasehold.
A Guide to Ground Leases (With Forms And Checklists) [2005]

An organized presentation of all the important issues in any ground lease negotiations, featuring an "encyclopedia of ground leases" and a dozen sample documents and checklists.
Ground Leases from the Ground Up [2004]mail

Ground leases can provide an excellent opportunity for developers looking to build when the owning party doesn't want to, though all sides must be aware of the traps.
How Much Protection Does a Leasehold Mortgagee Need? [2003]mail

A reasonable set of "leasehold mortgagee" protections. Written in (relatively) Plain English and without saying too much or too little.
Alternatives to Site Acquisition: Ground Leases-An Overview [2000]mail

Because a ground lease can meet the needs of all the parties, it can bring about a development project that otherwise might never have occurred. But developer, landlord and lender need to know their respective liabilities, benefits and responsibilities, and how they may change over time.

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