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Manhattan developers could be forced to demo 20 floors from top of luxury condo

Construction Dive

Legal action taking aim at permits being granted in an alleged zoning loophole could put the nearly complete project's financing in jeopardy and affect at least 20 other projects in New York City.

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Regulatory – Job Order Contacting Statutes and Guidelines

Job Order Contracting

Any information provided it NOT intended as any form of legal guidance. Administration and Finance Job Order Contracting Program. The New York State Senate Senate Bill S6618. This is list is for reference only and may not be complete or current. The JOC regulatory framework is evolving despite its long term use.

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Troutman Pepper Serves as Specialty Construction Counsel in $4.2 Billion Redevelopment Project at John F. Kennedy International Airport

Constructlaw

NEW YORK – Troutman Pepper, as specialty construction counsel, represented a consortium of investors consisting of Vantage Airport Group, JetBlue, American Triple I, and RXR Realty in a deal to build, finance, and operate a new US$4.2 billion passenger terminal at New York’s John F.

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Legal Fallout Spreads from Trainor Glass Default | ENR.

ENR Construction

ENR New York. Legal Fallout Spreads from Trainor Glass Default. Sustainability. Haiti Reconstruction. Economic Stimulus. Safety & Health. Banking & Credit Crisis. Project Delivery. Ethics & Corruption. Economic Stimulus. Associations. Washington Observer. Economic Stimulus. Product Snapshot. Interviews. ENR Top Lists.

Legal 43
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Senate Finance Passes Tax Extensions | ENR: Engineering News.

ENR Construction

ENR New York. Senate Finance Passes Tax Extensions. Sustainability. Haiti Reconstruction. Economic Stimulus. Safety & Health. Banking & Credit Crisis. Project Delivery. Ethics & Corruption. Economic Stimulus. Associations. Washington Observer. Economic Stimulus. Product Snapshot. Interviews. ENR Sourcebooks. ENR Midwest.

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

The owner ultimately lost its construction financing on the project and abandoned the development. Other jurisdictions, such as C alifornia, New York, Nevada and North Carolina, have expressly ruled that the “pay if paid” clauses are unenforceable as a violation of state public policy. So, what should your contracts provide?

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Virginia Joins 11 Other States Prohibiting Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

In these tight times, you can understand how important payment provisions are to the parties’ transaction, particularly where costs are escalating and projects may stall mid-performance due to financing issues or owner-default. Does my state prohibit pay-if-paid clauses? North Carolina. South Carolina.

Virginia 118