Chaves Perlowitz Luftig LLP

Chaves Perlowitz Luftig LLP At Chaves Perlowitz Luftig LLP, we help you meet your goals with strategic planning and creative solutions.

Our goal is to be your ultimate resource for any legal topic involving Real Estate, Landlord-Tenant, and Trusts & Estates Law. Chaves Perlowitz Luftig LLP NYC's Preeminent Real Estate & Estate Planning Law Firm

09/02/2026

Boilerplate contracts and leases are insufficient. CPL Law Partner Andrew Luftig goes into the importance of amending based on the specific deal of the client.

*Attorney Advertising Information only. Prior results do not guarantee future success*

Buying real estate in New York requires buyers to understand the legal process, the property, and the obligations they'r...
08/31/2026

Buying real estate in New York requires buyers to understand the legal process, the property, and the obligations they're taking on before they reach the closing table.

CPL Law’s Andrew Luftig recently joined Nicole Perrone on the Billion Dollar Banker Podcast where he broke down the legal side of buying and selling real estate in New York. The conversation includes everything from attorney involvement and board approvals to due diligence, financing, and closing costs. Andrew walked through the entire process and explained what every buyer, seller, real estate agent, and investor should understand before entering the New York market.

Whether you're a first-time homebuyer, experienced investor, real estate professional, or simply fascinated by the New York market, this episode is a practical resource that can help answer some of your questions, what to prioritize in your search, and reveal common mistakes that delay or derail transactions.

Listen to the full episode here: https://bit.ly/45SPke0

*Attorney Advertising Information only. Prior results do not guarantee future success*

Congratulations to Michael Carlos, Michael Daily, Eileen Kmiotek, and Tara Gilmore for five years with CPL Law. Thank yo...
08/28/2026

Congratulations to Michael Carlos, Michael Daily, Eileen Kmiotek, and Tara Gilmore for five years with CPL Law.

Thank you for bringing your talents, dedication, and commitment to CPL year after year.

We recognize that there are many places people can choose to work. We’re grateful that you’ve chosen CPL Law.

In some residential real estate transactions, the contract is only one part of the process. Board approval requirements ...
08/27/2026

In some residential real estate transactions, the contract is only one part of the process. Board approval requirements can shape the entire closing timeline, and delays in board approval can affect financing, closing dates, move-in plans, rate locks, and overall deal momentum.

Buyers and sellers should understand board package requirements, management company timelines, financial disclosures, interview requirements, application deadlines, and approval conditions early in the transaction.

At CPL Law, we understand the timing and coordination required beyond the purchase contract: https://bit.ly/4focLlp

*Attorney Advertising Information only. Prior results do not guarantee future success*

08/26/2026

Sometimes, taking the extra time during due diligence can clear up issues before a deal falls apart. CPL Law partner Andrew Luftig goes over how one real estate almost fell apart but with careful diligence ended up with a signed contract (and a price reduction).

*Attorney Advertising Information only. Prior results do not guarantee future success*

How real estate is owned can affect liability, management authority, succession planning, financing, tax considerations,...
08/24/2026

How real estate is owned can affect liability, management authority, succession planning, financing, tax considerations, and long-term family or business goals.

Clients should think carefully about ownership structure before acquiring or transferring real estate. Whether individual ownership, LLCs, partnerships, trusts, corporate ownership, or other structures, each option carries different legal and practical implications.

Ownership structure should be intentional, not something addressed only after a dispute, death, refinancing, sale, or family transition arises.

Work with a team that considers the long-term strategy while still staying grounded in legal and transactional considerations: https://bit.ly/4wukV0r

*Attorney Advertising Information only. Prior results do not guarantee future success*

No one enters a deal expecting a fire, major damage, or government taking, but the contract should explain what happens ...
08/21/2026

No one enters a deal expecting a fire, major damage, or government taking, but the contract should explain what happens if one occurs.

In real estate contracts and commercial leases, casualty and condemnation provisions can affect termination rights, repair obligations, rent abatement, insurance proceeds, closing obligations, delays, and what happens if part of the property is damaged, destroyed, or taken by governmental authority.

These provisions aren't just worst-case-scenario language. They help define what happens when the property can no longer be used exactly as expected.

Careful drafting matters before an unexpected event occurs.

Schedule your free consultation: https://bit.ly/4mmGU62

*Attorney Advertising Information only. Prior results do not guarantee future success*

Borrowers often focus heavily on the purchase contract, but loan documents can carry major obligations that affect the c...
08/20/2026

Borrowers often focus heavily on the purchase contract, but loan documents can carry major obligations that affect the client long after closing.

Loan documents should be reviewed carefully before closing, including details like repayment terms, default provisions, guarantees, reserves, reporting requirements, prepayment language, lender approvals, financial covenants, insurance requirements, and other obligations that can materially affect a borrower’s rights and responsibilities.

Financing terms aren't just closing paperwork. They can shape the borrower’s long-term risk and flexibility.

Work with counsel that helps clients understand the full scope of what they are signing, not just the headline deal terms: https://bit.ly/4mmGU62

*Attorney Advertising Information only. Prior results do not guarantee future success*

08/19/2026

Even after a buyer signs on the dotted line, the purchase process isn't entirely over.

Here are three mistakes buyers make after signing a contract.

*Attorney Advertising Information only. Prior results do not guarantee future success*

In commercial real estate transactions, due diligence isn't just about collecting documents. It's about understanding wh...
08/17/2026

In commercial real estate transactions, due diligence isn't just about collecting documents. It's about understanding what those documents reveal before a client is locked into the deal.

Due diligence should be treated as a strategic part of the transaction, not just a passive checklist. Diligence should be comprehensive, including cover title, leases, zoning, violations, permits, service contracts, financials, tenant obligations, operating history, lender requirements, and deal-specific risks.

The right counsel is critical in keeping deals structured, informed, and protected. Diligence is key to identifying issues early, preserving leverage, and helping clients make informed decisions before closing.

Choose a team that's focused on the details: https://bit.ly/4tpKBK2

*Attorney Advertising Information only. Prior results do not guarantee future success*

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