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The Do's & Don'ts of Zoning Lot Mergers & Development Transfers in New York City

Length: 2 hours 43 minutes

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.  This program’s updated content will provide credit to past attendees.

Agenda

6:00–6:05 pm        Introductory Remarks
                               Ross F. Moskowitz

6:05-6:35 pm     Fundamentals of Zoning Lot Mergers & Development Rights Transfers                        
•    A discussion of basic concepts & related issues
                           Stuart Beckerman
 
6:35–7:05 pm     Mechanics of a Zoning Lot Merger        
•    A discussion of required documentation, title issues & due diligence
                            Robert A. Jacobs
 
7:05–7:35 pm    Title Issues in Development Rights Transfers    
                           Michael J. Berey

7:35-7:45 pm          Break
 
7:45-8:15 pm      Special Zoning Provisions Governing Development Rights Transfers Between Non-Contiguous Parcels        
                            Julie M. Lubin

8:15-8:45 pm    Transfer of Development Rights to & from City-owned Properties
                           Isabel Galis-Menendez

8:45-9:00 pm     Questions & Answers  
    
CLE credit: New York: 3.0 skills; New Jersey: 3.3 general MCLE; California & Pennsylvania: 2.5 general MCLE


Original Recording Date: 12/8/2014


Produced By:

New York City Bar Association

Course Materials

  • Development Rights Transfers
  • Affirmation Document