HANYC will be hosting a seminar/webinar presented by Kara Rakowski and John Walsh of Belkin Burden Goldman, LLP on Tuesday, April 14th, at 10am at 34 E. 51st Street in the 7th floor conference room. Breakfast will be served.
Ms. Rakowski will be discussing the status of recent court cases involving hotel guests who check in and request a lease and investigating whether a hotel qualifies for a Luxury Hotel Exemption.
Mr. Walsh will be discussing risks that are heightened for hotel conversions as compared to ground up new construction. This will include construction issues that are exacerbated for conversion projects as compared to ground up (design challenges, issues with imperfect information about existing conditions, and longer project timelines). He will also discuss some key contract terms and language that can help protect owners’ interests for these situations and how owners may be able to recoup some costs due to the recent Supreme Court decision repealing tariffs enacted under the International Emergency Economic Powers Act.
We encourage all members to attend, either in person or by Zoom. To register for the event, please click here:
https://member.hanyc.org/forms/e43095eb-fa12-4516-a6df-ef91cce9adae/view
