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The Firm handles all aspects of residential and commercial real
estate transactions, including the purchase, sale and leasing of
single family homes, cooperatives, condominiums, multi-family buildings,
professional offices, commercial and industrial property and vacant
land. The Firm is involved with each real estate transaction from
inception through closing. Our attorney’s draft, review and
negotiate contracts of sale for both residential and commercial
real estate, as well as assist clients with financing when necessary,
including both conventional mortgages and other arrangements such
as purchase-money mortgages and pension loans.
The Firm drafts, reviews and negotiates long and short term commercial, professional
and residential leases and subleases. During the negotiation of a lease for professional
space, the Firm always takes into consideration an individual’s profession
when determining the appropriate term of the lease. We always insure that
specific terms and conditions are met in lease, which are required due to various
governmental proscriptions governing the profession.
For asset protection as well as estate planning purposes, the Firm often recommends
that a client's property be transferred to a limited partnership, trust or limited
liability company. The Firm assists the client in obtaining all the required
approvals for the transfers from the mortgagee or a cooperative board.
The Firm structures many real estate investments as partnerships. The Firm prepares
both partnership and limited partnership agreements. The Firm always structures
real estate transactions in a manner to optimize the positive tax consequences.
Firm members have successfully negotiated dynamic deals with lending institutions
to remove multi million dollar buildings from foreclosure, discharge receivers,
dismiss clients from bankruptcy, and/or assign mortgages in default.
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