New York Real Estate Trends Part 4: Leasehold Condos

Real Estate attorneys Stuart Saft, Renee Covitt and Erin Goodman joined Marcus & Pollack attorneys Robert Pollack and Glenn Borin to discuss the leasehold condominium landscape. They explained advantages and challenges for landlords and nonprofits, as well as how a nonprofit entity can qualify for tax exemptions. The discussion highlighted the process of obtaining the exemption, structuring techniques, limitations on the exemption and an important ruling that Holland & Knight attorneys obtained.

Duration: 55:50

More programs in this series:

• Part 1: Adaptive Reuse – Converting Office Buildings to Residential Use
• Part 2: Conversion of Rental Apartment Buildings to Condominiums
• Part 3: Creating Value – Distressed Condominiums and Commercial Conversions