New York Co-Op and Condo Conversion Attorneys
At Rosenberg & Estis, P.C., we facilitate the conversion of occupied rental properties to co-ops and condominiums. We also manage new developments and construction.
Proactive Strategies to Lay the Foundation for Success
Typically, our firm becomes involved with condo and co-op projects early — often before the property is acquired. We advise on conversion strategies, evaluate tenancies, and analyze the potential impact of other co-op/condo issues on the success of our client’s project. We provide all the legal services needed to ensure the success of a conversion, from plan preparation to contract negotiation and closing representation.
Insightful Guidance on Condo/Co-Op Financing and Tax Matters
Converting a rental building to a condominium can sometimes solve an owner’s financial problems. Favorable tax treatments may help some owners. Redeveloping the building for commercial use may be an option for other property owners. Our lawyers build on their in-depth knowledge of condo and co-op law to counsel clients about options such as these.
In addition to handling conversions, we represent co-op/condo boards on an ongoing basis.