Commercial Real Estate
At The Law Office of Alexander Paykin, P.C., our legal team understands the complex and constantly-evolving nature of commercial real estate law. We have extensive experience in all facets of commercial real estate law, including construction, land use and zoning, real estate closings, property disputes, and financing. With our vast knowledge and attention to detail, you can rest assured that your commercial real estate investment is secure.
Our firm handles complex, multi-million dollar commercial transactions and litigation. With such a substantial investment, it is in your best interest to work with an experienced NYC commercial real estate attorney before entering into contracts, or proceeding with any real estate transaction. Our experienced legal team can help to ensure that costs are kept to a minimum, crucial steps aren’t overlooked, and the entire process goes as smoothly as possible. We have assisted countless clients with:
• Contract review
• Purchases and sales
• Property transfers
• Lien issues
• Title disputes
• Landlord/Tenant disputes
• Zoning issues
• Short sales
• Foreclosures
• Litigation
Attempting to purchase commercial property without the help of an experienced NYC real estate attorney could have disastrous consequences, including unknowingly purchasing property with structural problems, boundary issues, or a lien against it.
Common Legal Issues Involving Commercial Real Estate
At The Law Office of Alexander Paykin, P.C., we handle all legal issues pertaining to commercial real estate, but some of the most common include:
Zoning Issues
Certain areas are zoned for commercial use and others for residential. Attempting to run a retail establishment in a residential area carries serious consequences, especially in NYC. If you are not in compliance with the city’s strict zoning laws, you will likely incur hefty expenses, including fines, legal fees, and costs of relocating. You may even face criminal penalties. Fortunately, with the help of a NYC zoning law attorney, you can ensure that your business is in compliance with zoning laws, and even request changes to zoning laws in certain situations.
Condominium Law
In New York, condos are governed by the “Condominium Act” which also sets minimum standards for any governing documents, such as the By-Laws and Declaration. A Board of Managers is tasked with governing the condo’s affairs, and must remain in compliance with the Condominium Act and its governing documents. The Board is responsible for maintenance and repair of common areas, using funds derived from the unit owners’ common charges. When it fails to perform its duties, legal assistance is often necessary.
At The Law Office of Alexander Paykin, P.C., our experienced team can assist your association with all legal issues, from contract review to litigation, if necessary.
Title Disputes
The impact of title disputes can be severe, affecting land use permissions, land development, financing, and the sale of property. Our legal team has extensive experience representing clients involved in title disputes. Common causes of these disputes include:
• Boundary and survey issues
• Access and easement disputes
• Escrow claims
• Right-of-Way claims
• Mortgage fraud
• Fraudulent conveyances
• Title claim investigations
• Trespass claims
If you are involved in a title dispute, it is in your best interest to consult with an experienced real estate attorney immediately.
Litigation
Commercial property is often a primary component of the value of a business. As such, property disputes involving commercial space or land can have a severely negative impact on your entire business.
Our goal is to avoid the courtroom, but when disputes become contentious, litigation may be necessary. If your situation has escalated to this point, rest assured that our highly-skilled and tenacious litigation team has successfully protected the commercial real estate investments of countless clients, and we are here to help you.
Whether you are facing landlord-tenant disputes, easement conflicts, or eminent domain seizures, we will work tirelessly to protect your rights and your bottom line so that you can remain focused on running your business.
Contact The Law Office of Alexander Paykin, P.C. Today
If you need legal counsel for any commercial real estate issue, the experienced legal team at The Law Office of Alexander Paykin, P.C. can help. Our highly-skilled attorneys have protected the rights of countless NYC real estate investors, and we have an impressive track record of obtaining favorable outcomes for our clients. Contact us today at 212-858-9112 for a free and confidential consultation about your case.