Proposed Changes to NY RPAPL Section 881: A Big Win for Developers and Owners
By EsqSocial Corporation 27/03/23
On February 28, the New York Senate passed Bill S8430A to amend New York’s Real Property Actions and Proceedings Law Section 881. The current version of Section 881, enacted in 1968, offers a developer judicial recourse when an owner or lessee of a neighboring building refuses access that a developer needs to improve or repair its own building. This judicial recourse comes in the form of a temporary license for access....
By: Troutman Pepper