Co-Op & Condominium Conversions & Development
Coordinating the aspects of a co-op or condominium conversion involves a lot of time and effort. As the building's developer or sponsor, you need a competent, creative, New York City co-op or condo conversion attorney to integrate the many different aspects of your project, ensuring that all legal issues are seamlessly resolved and the project moves forward.
The Experience And Coordination You Need When Performing A Conversion Project
Turek Roth Grossman LLP has been involved in countless cooperative and condominium conversions, assisting in all aspects. We "quarterback" all professionals involved in your project, including the architect, marketing director, tax benefits advisers, contractors and expediters, and shepherd your project from inception to completion.
Our lawyers are with you from the planning/submission of the proposed offering plan (i.e., the "red herring"), through the filing of the post-closing amendment/closings on individual apartments/units. We also handle negotiations with existing tenants (as needed), as well as negotiations/filing of the final offering plan with the NYS Attorney General's Office (i.e., the "black book").
We help sponsors ensure full compliance with the NYS Attorney General Regulations and applicable provisions of the Martin Act. We also represent sponsors concerning the sale of air rights.