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Law Offices of Marc H. Supcoff Blog

A user-friendly searchable law firm blog about law and news developments affecting the construction & real estate industries.

Kevin Roche, Architect Who Melded Bold With Elegant, Dies at 96 (NYT Repost)

Whether you know him by name or his buildings, architect Kevin Roche was a giant in his field. He trained under famed architect Eero Saarinen (who designed the TWA Terminal at JFK). Roche’s New York works included the Ford Fundation headquarters in Midtown Manhattan, finished in 1967, and the Metropolitan Musuem of Art’s glass pavilion enclosing the Temple of Dendur completed in 1979.

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First Department Oral Argument

Yesterday afternoon I had the privilege and opportunity to participate in oral argument before a five Justice panel in the Appellate Division of the Supreme Court of the State of New York in Manhattan. I represented plaintiffs-appellants who appealed a trial court justice decision denying summary judgment. The case involves UCC claims against a customer’s bank for improper payment of two dual party checks and a missing endorsement shortened notice provision in the bank’s agreement with its customer which we argued was commercially unreasonable and void against public policy. It was a great experience, both interacting with the Justices during my oral argument and listening to over a dozen oral arguments by attorneys handling other appeals which the Justices heard before ours!

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The Bill Coming Due for Airlines (WSJ Repost)

US Airports plan to spend $100 billion over the next five years to refurbish old terminals and expanding capacity. It is catch up time - spending on U.S. airport infrastructure fell 24 % between 2013 and 2017. Higher fees for airlines (and passengers) are expected. Is the extra expense worth it to modernize and improve service?

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Got Junk? Self-Storage Investors Hope So (WSJ Repost)

I represented a national self-storage company in closing a large construction loan to build its first NYC facility located on Staten Island …. Self-storage stocks bottomed out in early 2009. According to FactSet, the four largest such self-storage owners have each outpaced the S&P 500 on a total-return basis over the last decade. What will the future hold for these investments?

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A 1970 Mustang Too Fun to Keep in the Garage (WSJ)

A fun story about a father and son who own four vintage Ford Mustangs. With really cool pics, including a 2001 Mustang Bullitt and 1970 Mustang Boss 302. Connection to my construction law firm blog? — The father is a managing director at architecture firm Skidmore, Owings & Merrill

Marc SupcoffComment
Las Vegas Housing Weakness Signals the Slowdown Is Spreading . (WSJ Repost)

The percentage of house listings with price cuts in Las Vegas has more than doubled since a year ago; since October 2018 the share of such listings in Las Vegas has been higher then for the U.S. market. Is this evidence of a broader national slowdown in housing? Or a blip on the radar before markets rebound during the usually busier spring selling season?

Marc SupcoffComment