As 2022 draws to a close, it goes without saying that real estate market conditions are much different than they were just a year ago. Joshua Gorsky, Esq., Partner in the Real Estate Practice Group at Mandelbaum Barrett PC, recently spoke with NJBIZ about breaches of contract in this challenging market and options that may be available.
“When people start looking for a way out of a contract, whether in a lease or purchase agreement, it’s typically due to three pain points: inflation, rising interest rates and the remnants of the pandemic.”
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