Victor M. Metsch, a partner at Hartman & Craven, writes that whether the result of coincidence, happenstance or awareness of Bleecker Street Tenants Corp. v. Bleeker Jones LLC , the Rule Against Perpetuities is now being raised, briefed, argued and adjudicated in real property litigation throughout the state.
October 25, 2010 at 12:00 AM
1 minute read
Editors’ Note: This article has been updated to reflect a Correction.
While many practitioners have either never understood, or (if they did) would prefer to forget, the Rule Against Perpetuities, the ancient doctrine, embodied in EPTL §9-1,1 is alive and well, and the subject of considerable pending civil litigation in New York.
‘Bleecker Street’
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