Tag Archives: Arnstein & Lehr LLP

David Sugar

Arnstein & Lehr Chicago Partner David Sugar testified on January 8, 2013 before the City of Chicago Committee on Housing and Real Estate in support of proposed amendments to the Chicago Condominium Ordinance introduced by Alderman Thomas M. Tunney.  Among other things, the proposed amendments would impose a 10 year limit on the number of years of financial records subject to inspection by a condominium owner, and would also expand the time allowed for condominium associations to make requested financial records available for inspection from 10 business days to 30 business days.  Mr. Sugar’s testimony addressed the need to make the existing Ordinance more fair and reasonable, and to bring the Ordinance more into line with the record inspection provisions of the Illinois Condominium Property Act.   Mr. Sugar also responded to questions from various aldermen concerning the City of Chicago’s home rule primacy on condominium regulation, and on private rights of action for violations of the Ordinance.

Barry R. Katz

Law 360 published an article by Barry Katz regarding real estate investor response to the uneven recovery of the market. The article discusses how the growth opportunities during the recession have impacted the current market, and where the emerging trends will be in 2014 – 2015.

To view the article in full, please click here.

Lori Adelson

Arnstein & Lehr LLP Fort Lauderdale Partner Lori Adelson was interviewed by CareerBuilder.com’s The Work Buzz for an article titled “11 common interview questions that are actually illegal. Ms. Adelson advises that simple questions such as marital status and what country you are from are illegal to ask when interviewing prospective employees.

To read the article in full, please click here.

Lori R. Hartglass

David Shear

Arnstein & Lehr LLP Miami Partners David Shear and Lori Hartglass recently assisted our client Dezer Properties LLC with the sale of the Howard Johnson Plaza Dezerland Beach & Spa in Miami Beach to an affiliate of Miami-based Terra Group for $65 million. For the time being, it is believed Terra Group will still operate the property as a Howard Johnson, but at some point they intend to substantially renovate the property. This is the first transaction between the buyer and seller. It was a cash transaction, and the buyer obtained private financing with no commercial bank involved. The transaction garnered the attention of the South Florida Commercial Real Estate News (CRE) on December 17 the Daily Business Review on December 24.

To read the DBR article in full, please click here.

To read the CRE South Florida article in full, please click here.

The Real Estate Practice Group of Arnstein & Lehr’s Chicago office has released their Winter 2014 newsletter. With the new year upon us, many new laws in the state of Illinois are now in effect. 2013 also brought changes to laws already in effect. 2013 also saw important developments in several cases that effected real estate matters. In their newsletter, the group clearly reviews new laws, as well as providing updates to several important cases. To read the newsletter in full, please click here.

IBERIABANK and Arnstein & Lehr LLP recently partnered for a fourth year to hold their “Heartfelt Holiday Toy Drive” to benefit children served by Achievement Centers for Children & Families. This annual event is in collaboration with the National Arts Institute’s Kids Rule! in the Arts. More than 700 toys were donated by employees, clients and the general public during a collection period that ran from November 18 through December 12. Toys were collected at all Palm Beach County IBERIABANK branches and Arnstein & Lehr’s West Palm Beach office.

Barry R. Katz

Arnstein & Lehr LLP Chicago Partner Barry Katz is quoted in a Law360 article titled, “Fed’s Taper Sends Mixed Message on Economy,” that was published on December 19. The article discusses a recent announcement by the Federal Reserve that it would begin to decrease the bond-buying program with the start of the New Year. While this is a sign the economy is doing better, experts are cautioning optimism, noting that inflation isn’t living up to expectations and interest rates will have to remain low.

To read the article in full please click here.

Steven L. Daniels

Arnstein & Lehr LLP West Palm Beach Partner Steven Daniels was recently appointed to a one year term to the National Advisory Committee (NAC) of the Anti-Defamation League. The NAC is a committee of 50 people from around the United States who meet every six weeks to discuss and advise the ADL senior staff on major issues confronting the organization at any given time.

Barry A. Chatz

Arnstein & Lehr LLP Chicago Partner Barry Chatz contributed to Financier Worldwide magazine’s, “Special Report: Distressed M&A and Investing.” The portion of the report Mr. Chatz contributed to, which is to be circulated in January, discusses considerations when structuring distressed investments. Mr. Chatz was one of six attorneys chosen worldwide to contribute to the publication. To read the digital version, please click here.

Lori R. Hartglass

David Shear

Arnstein & Lehr LLP Miami Partners David Shear and Lori Hartglass recently assisted our client Dezer Properties LLC with the sale of the Howard Johnson Plaza Dezerland Beach & Spa in Miami Beach to an affiliate of Miami-based Terra Group for $65 million. For the time being, it is believed Terra Group will still operate the property as a Howard Johnson, but at some point they intend to substantially renovate the property. This is the first transaction between the buyer and seller. It was a cash transaction, and the buyer obtained private financing with no commercial bank involved. The transaction garnered the attention of the Daily Business Review, The Real Deal and the American City Business Journal.