New York City Approves 'Zone Green' Text Amendment 
Kramer Levin Naftalis & Frankel's Charles S. Warren, Elizabeth F. Larsen and Inge Hindriks review an amendment to the Zoning Resolution of the City of New York that allows for the addition of external insulation to existing buildings, allows the placement of solar photovoltaic panels and solar thermal systems in places where they have the greatest potential for collecting sunlight, and encourages the creation of rooftop greenhouses, among other changes to remove impediments to the implementation of green technologies.
Legal Architects Design Great Developments
Peter S. Britell, a partner in Venable, writes: Few non-lawyers, and indeed few lawyers, appreciate the complexity of a great real estate development - the number and types of agreements involved and the many lawyers and legal skills required. But any project starts with a visionary developer or urban planner who looks at a large, often challenging property and sees an iconic building or a great public space. Then they call their lawyers.
Descending Into Perpetuity
Julian M. Wise, Daniel Martin and Justin C. Elliott of Schulte Roth & Zabel review the basic rules of perpetuities and their application in New York state and other jurisdictions, along with numerous modifications that have been instituted and discussed due to a number of recent litigation challenges and statutory revision proposals.
Is Your Default Foreclosable?
Steven M. Herman, a partner at Cadwalader, Wickersham & Taft, and Craig Stephenson, an associate at the firm, discuss whether all defaults under a mortgage loan, whether they be monetary, material, non-material or otherwise, will enable a lender to maintain a foreclosure proceeding that will be enforced by a New York court.
