Courts Uphold Condo’s Demand for $1 Million Bond in Licensing Agreement (NY)

New York is a city where thousands of buildings must, by law, undergo costly facade repairs every five years. It’s a city where new buildings are constantly being shoe-horned into vacant lots, and where old buildings are constantly being razed so new ones can be put up. As a result, it’s a city where neighbors must cooperate and compromise so this incessant churn can be achieved with a minimum of danger, disruption and inconvenience.   Read the entire article……………………………….

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