Tuesday, March 8, 2011

Air Rights Deals: Buying, Selling and Transferring Development Rights in NYC

Date and Time: July 15, 2010, 8:30 am to 12:00 pm

Location: Bank of America 335 Madison Avenue (44th Street), 5th Floor

Class Details: In New York City where the availability of land is limited often the only way to build is by acquiring development rights (a/k/a “air rights”). This class provides a comprehensive review and analysis of air rights including the history and development of the legal concept of air rights, the role of the NYC Zoning Resolution in air rights deals, how to determine if there are available air rights to acquire, the nuts and bolts of an acquisition of air rights, the documents necessary to memorialize an air rights deal, and the title company’s role in an air rights transaction.

Cost: Free

Instructor: Caroline Harris, Esq., Goldman Harris LLC

CLE Credit: 3 Areas of Professional Practice Credits

Sponsor: Bank of America

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