Elad michael,

Real Estate Lawyer

NYC Real Estate Attorney Insights, Legal Updates, and Investment Tips

Stay informed about New York City real estate laws, investment opportunities, and legal strategies with articles written by Elad Michael, NYC real estate attorney.

How NYC Landlords Obtain a Warrant of Eviction: A Practical Guide

2025-08-10 13:35 How NYC Landlords Obtain a Warrant of Eviction: A Practical Guide Eviction cases in New York City often culminate in the issuance and execution of a warrant of eviction, which authorizes a New York City Marshal to remove a tenant from the premises. While nonpayment proceedings and holdover proceedings involve different substantive legal requirements, the process of obtaining and executing a warrant is generally similar once the landlord obtains a judgment of possession. This guide explains the practical workflow for obtaining a warrant of eviction in NYC Housing Court, commo...

Understanding the Good Guy Guaranty in NYC Commercial Leases

2025-07-26 10:51 Understanding the Good Guy Guaranty in NYC Commercial Leases If you are negotiating a commercial lease in New York City, chances are you will come across a term called the Good Guy Guaranty. Despite its informal name, it carries significant legal and financial implications, particularly for small business owners, startups, and landlords throughout Manhattan and the surrounding boroughs. This article explains what a Good Guy Guaranty is, how it functions in commercial leasing in NYC, and what both landlords and tenants should watch for when negotiating this important lease term. ...

Understanding New York's Good Cause Eviction Law: What Tenants and Landlords Need to Know

2025-07-13 11:06 Understanding New York's Good Cause Eviction Law: What Tenants and Landlords Need to Know New York's newly enacted Good Cause Eviction Law (effective April 20, 2024) (“GCEL”) significantly changes the landscape for both tenants and landlords in unregulated housing. For the first time, many tenants in market-rate apartments now have protection against unjust evictions and excessive rent increases. In effect, the GCEL imposes rent-stabilization-like obligations on landlords, requiring them to renew leases unless they can demonstrate “good cause” for termination. This article breaks down the...

Common Pitfalls in NYC Eviction Proceedings for Landlords: Avoid These Costly Mistakes

2025-07-01 20:26 Common Pitfalls in NYC Eviction Proceedings for Landlords: Avoid These Costly Mistakes In the complex world of New York City real estate, understanding the intricacies of eviction proceedings is crucial for property owners. Whether dealing with residential or commercial properties, landlords often face challenges that can lead to delays, dismissals, and financial losses. This guide explores common mistakes in NYC eviction laws, drawing from extensive experience in real estate transactions. What Are the Most Common Mistakes Landlords Make in NYC Eviction Cases? NYC eviction pro...