Updated December 18, 2019
With a new top regulator in New York at the Attorney General’s office, as well as increased scrutiny and regulation of the real estate industry, navigating the New York housing landscape is a complex task.
Erica F. Buckley, Nixon Peabody’s Cooperative and Condominiums team leader, and former chief of the Real Estate Finance Bureau of the New York Attorney General’s office, is working with the New York Law Journal to publish “Ask the Former Regulator.” This quarterly column is an opportunity to submit questions on the legal issues facing developers today at all spectrums of the market.
Submit your questions to AskTheFormerRegulator@nixonpeabody.com.
Read Erica’s response on Law.com (subscription required):
- ‘Grossing Up’ and ‘Seller Concessions’: Advice for Sponsors
- Enforceability of Shortened Period for Suing Condo Sponsor
- Martin Act Amendments: Threshold for Effective Offering Plan
- Clarifying the Law on Escrow Accounts and Certificates of Occupancy
This column is for informational purposes only and is not a substitute for agency guidance from the Department of Law.