New York City Real Estate Transaction Lawyers
In conjunction with our extensive experience in real estate litigation, Newman Ferrara has also garnered accolade with regard to its real estate transactions and finance practices. Commercial real estate deals are among the most complex transactions any business can undertake. The mix of financial, regulatory, and operational issues is unique for each project. Newman Ferrara's real estate transactions group, led by attorneys with more than 40 years of experience, handles both commercial and residential real estate transactions, including closings, leasing, sales, acquisitions, and financings.
Our New York real estate law firm represents a broad spectrum of purchasers and sellers of real property, including investment banks, real estate funds, and residential and mixed-use building owners. The scope of our work typically includes leasing, negotiating and closing purchases and sales, and acquisition and construction and financing.
We understand that each transaction is unique and focus on finding effective solutions to the requirements or opportunities that our clients face with real estate ownership and development.
If you are looking for a real estate transaction attorney near you, contact 212-619-5400 for help navigating New York real estate laws.
Why Choose Newman Ferrara LLP?
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Big Firm Results, Small Firm Attention
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We've Handled Some of the Nation's Most Significant Class Actions and Civil Rights Matters
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Decades of Legal Experience
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We've Represented Many of the City's Largest Property Owners and Tens of Thousands of Residential Tenants
Closings & Sales
The firm handles all aspects of residential and commercial property transfers and closes thousands of transactions, including purchases, sales, refinances, bank closings, as well as Consolidation Extension Modification Agreements (CEMAS). Our clients range from individuals and first-time buyers of small cooperative or condominium apartments throughout New York City and the downstate area to individuals and corporate clients refinancing, purchasing and selling multi-million dollar residential, commercial, and mixed-use properties.
The department consists of a well-trained team of lawyers and paralegals with extensive background in conducting "due diligence," contract negotiation, title clearance, and closings. The real estate closing department is well known among real estate attorneys and professionals in New York.
Leasing
Newman Ferrara has represented both national, regional, and local landlords and tenants in a variety of leasing transactions. We handle all types of leases, including commercial leases, ground leases, net leases, loft leases, and sublease agreements. We have provided legal services in connection with the leasing of millions of square feet of commercial, retail, and industrial space.
Leasing transactions increasingly require us to draw on our legal expertise in a number of practice areas beyond traditional landlord tenant law in order to address issues relating to bankruptcy, construction, environmental liability, governmental compliance, and finance. We take a proactive approach in developing leases to protect our clients from a later problem or dispute.
Acquisitions & Financings
Our lawyers have extensive experience in real estate finance. We represent lenders, investors, and borrowers in matters such as acquisition loans, construction loans, mezzanine loansprivate equity financing, refinancing, bonds, collateralized mortgage backed securities (CMBS), and non-money loans. The firm is known for developing sophisticated strategies, in addition to effectively using tried-and-true approaches such as multiple-party financing and loan restructuring.
Co-op/Condo Conversion and Representation
The laws controlling cooperative and condominium conversions are complex. Newman Ferrara's attorneys have the expertise to provide all the legal services needed to ensure the success of a conversion. Our attorneys assist with negotiating unit sales contracts and brokerage agreements, clearing title, coordinating and conducting closings, and any other legal issues which might arise related to the ownership, conversion and sale of units.
Why Choose Newman Ferrara LLP for Your Real Estate Needs?
When it comes to navigating the complexities of real estate transactions in New York City, having a trusted legal partner by your side can make all the difference. At Newman Ferrara LLP, our New York City real estate transaction lawyers pride ourselves on our extensive experience and deep understanding of the local real estate market.
Here’s why choosing us for your real estate legal needs is a smart decision:
- Personalized Legal Strategies: We understand that every transaction is unique. Our team takes the time to understand your specific goals and challenges, crafting tailored legal strategies that align with your objectives.
- Comprehensive Legal Support: From contract negotiations to closing, we provide end-to-end legal support, ensuring that every detail is handled with precision and care. You can count on us to be with you at every step of the process.
- Proven Track Record: With a history of successful transactions, our firm has built a reputation for excellence. Our satisfied clients are a testament to our commitment to delivering results.
- Expertise in Local Regulations: Real estate laws can vary significantly from one jurisdiction to another. Our real estate transaction lawyers are well-versed in New York City’s real estate regulations, ensuring compliance and minimizing risks in your transactions.
- Responsive Communication: We believe in maintaining open lines of communication. Our team is always available to address your questions and concerns, providing you with peace of mind throughout the process.
Choosing the right legal representation can significantly impact the outcome of your real estate transaction. Trust Newman Ferrara LLP to provide the expertise, dedication, and personalized service you deserve.
Contact Our NYC Real Estate Transaction Lawyers
Navigating the complex world of real estate transactions in New York City requires experienced legal representation. At Newman Ferrara LLP, our dedicated real estate attorneys specialize in guiding clients through every aspect of property transactions, whether you are buying, selling, leasing, or investing. With decades of experience and a deep understanding of NYC’s real estate market, we are your trusted partners for successful transactions.
When it comes to real estate transactions in New York City, the right legal representation makes all the difference. At Newman Ferrara LLP, we are committed to protecting your interests and ensuring the success of your transaction.
If you are looking for a real estate transaction lawyer near you, contact 212-619-5400 for help navigating New York real estate laws.
Real Estate Transactions FAQs
1. Do I need an attorney for a real estate transaction in New York City?
Yes. New York State law requires attorneys to be involved in real estate transactions, particularly for preparing and reviewing contracts, conducting title searches, and overseeing closings. Our experienced attorneys ensure your rights are protected and your transaction is legally sound.
2. How does the closing process work in NYC real estate transactions?
The closing process involves finalizing the property transfer, signing documents, and completing payment. Our team will guide you through each step, including verifying all paperwork, coordinating with lenders, and ensuring the transaction complies with local laws.
3. What is the role of a real estate attorney in co-op transactions?
For co-op purchases, an attorney handles the review of the co-op’s financial statements, board minutes, and proprietary lease. We also guide you through the board approval process and negotiate terms to protect your interests.
4. How can an attorney help with real estate disputes?
Whether it’s a lease disagreement, a boundary dispute, or a breach of contract, our attorneys provide strategic representation in negotiations, mediation, arbitration, or litigation to resolve disputes efficiently.
5. What are the tax implications of buying property in NYC?
New York City imposes transfer taxes, mansion taxes, and other fees on real estate transactions. Our attorneys provide detailed tax advice and help you plan for these costs, ensuring compliance and financial efficiency.
6. Do you handle commercial lease agreements?
Yes. We represent both landlords and tenants in drafting, negotiating, and reviewing commercial leases. We also assist with lease renewals, amendments, and disputes.