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Description:
In response to the recent significant upswing in development rights transactions, this program will provide an overview of current New York City law governing zoning lot mergers and the transfer of unused development rights, known as “air rights,” between contiguous and non-contiguous lots, as well as the mechanics and practical considerations involved in such matters. The program will review the relevant provisions of the NYC Zoning Resolution, explain core concepts using real life examples, explore key title issues, and go through each of the forms required for zoning lot merger transfers. In addition, the program will discuss special zoning districts with additional incentives for development rights transfers, as well as discuss the laws and procedures governing the transfer of development rights from city-owned properties to privately-owned parcels.
Agenda:
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Introductory Remarks
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Fundamentals of Zoning Lot Mergers & Development Rights Transfers
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A discussion of basic concepts & related issues
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Mechanics of a Zoning Lot Merger
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A discussion of required documentation, title issues & due diligence
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Title Issues in Development Rights Transfers
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Special Zoning Provisions Governing Development Rights Transfers Between Non-Contiguous Parcels
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Transfer of Development Rights to & from City-owned Properties
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Questions & Answers
 | | Practice Areas: | | Land Use & Zoning, Real Estate Law, State, Local & Municipal Law | | | Online Media Type: | | Video | | | Production Date: | | 12/08/2014 6:00 PM EST | | | Level: | | Advanced | | | Category: | | Standard | | | Duration: | | 3 Hours, 0 Minutes | | | Online Format: | | Live | | | Course Type: | | Public |
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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
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| | • | Stuart Beckerman - Co-Chair; Slater & Beckerman, PC | | • | Robert A. Jacobs - Co-Chair; Belkin Burden Wenig & Goldman, LLP | | • | Michael J. Berey - Senior Underwriting Counsel, Formerly Senior Vice President, Chief Underwriting Counsel - New York, First American Title Insurance Company | | • | Julie M. Lubin - Deputy General Counsel, New York City Department of City Planning | | • | Isabel Galis-Menendez - Senior Counsel, New York City Law Department, Economic Development Division | | • | Ross F. Moskowitz - Speaker |
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