Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.
Advancing professional knowledge and offering credits for attorneys, staff and other professionals.
Helping clients respond correctly when a crisis occurs.
Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.
Leveraging law and technology to deliver sound solutions.
Delivering seamless service through partnerships across the globe.
Leveraging leading-edge technology to guide change and create seamless, collaborative experiences for clients and attorneys.
Industry-leading conferences focused on affordable housing, tax credits, and more.
Providing actionable information to support strategic decision-making.
Teaming with clients to advance sustainable projects, mitigate the effects of climate change, and protect our planet.
Offering a range of investment management and fiduciary services.
Bringing together companies and investors for tomorrow’s new deals.
Offering fresh insights on cases that are delayed, over budget, or off-target from the desired resolution.
Courtroom-ready lawyers who can resolve disputes early on clients’ terms or prevail at trial before a judge or jury.
Creating positive impact in our communities through increasing equity, access, and opportunity.
Abigail Patterson is a member of Nixon Peabody’s Affordable Housing practice group, representing nonprofit and for-profit owners and developers of affordable housing in all aspects of the development process, from acquisition and construction loan closings, to operations and regulatory matters.
My practice focuses on affordable housing transactions utilizing a range of federal, state and municipal programs. In my prior role as general counsel for the Housing Partnership Development Corporation, I gained substantial experience with affordable housing incentives such as Article XI, Affordable New York and Inclusionary Housing, as well as advising my client on nonprofit governance and best practices.
As construction costs rise, available land becomes scarce and federal subsidies are under threat, the demand for affordable housing in New York is higher than ever. In response, owners and developers are seeking novel approaches to affordable housing development and, particularly for nonprofit clients, joint ventures with other nonprofits, religious organizations, for-profit developers and community-based organizations, can build capacity and access to financing that might not otherwise be available. While these structures present additional complexity, they also have the potential to capitalize on the respective strengths of project partners, and ultimately to create more housing for hardworking New Yorkers.
On the preservation front, recent changes to the rent stabilization law in New York will have a profound effect on the operation of many properties throughout the city and state. I look forward to advising clients on leveraging tax abatements and exemptions to devise solutions for the ongoing viability of their properties.
Brooklyn Law School, J.D.
Columbia University, B.A.
Subscribe to stay informed of the latest legal news, alerts, and business trends.Subscribe