About This Course
The transfer of development rights in the City of New York usually involves an as-of-right transaction between two adjacent properties with a contiguous lot line. Circumstances sometimes require the use of advanced techniques utilizing an air parcel to store development rights for use at a later date. Depending on the location, development rights generated through the Inclusionary Housing program or in Special Districts (e.g., Highline Transfer Corridor, Southstreet Seaport) may also be transferred.
This CLE course by a top New York City land use lawyer will familiarize attorneys with the language of zoning and development rights transfers, the due diligence necessary to determine if transfers have occurred, and the documentation and approvals required to implement both as-of-right and advanced transfers.