Converting Rental Properties Into Condos and Co-ops
Converting rental properties such as apartments into a condominium complex or a cooperative is a very elaborate process that involves many rules and regulations. At the law firm of Jeffrey S. Ween & Associates, we are strong advocates for tenants involved in a variety of condo and co-op matters, using our experience and resources to achieve positive results.
To schedule a consultation with a New York City real estate lawyer, call 646-448-9300 or 888-832-1780. Or, contact our firm via e-mail.
Representing Tenants During Condominium Conversion
Co-op and condo conversion plans have to be developed following strict rules and regulations. These plans must be reviewed and approved by the state Attorney General before the conversion plan can continue. These laws are in place to protect tenants, and our real estate attorneys will make sure they are followed in your case.
We act in a number of capacities on behalf of tenants during co-op and condo conversions, including:
- Filing suits over formation of development
- Serving as general counsel for co-op or condo board
- Handling transactional sales within the co-op or condo
When issues surrounding co-op and condo conversions are handled carefully, there are many ways tenants can have input into the proposed conversion plan. We help tenants stay organized, placing them in a good position to have the plan modified to address their concerns.
