In the City of New York, development rights can be sold and moved –even the air above a property is subject to transfer and sale. But how do the skyscrapers get so tall? The answer often involves the as-of-right transfer of development rights between two adjacent properties sharing a lot line. Such transactions are mapped out and executed with precision requiring substantial due diligence and no small amount of documentation.

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 steps necessary to determine if transfers have occurred and all the documentation required to implement transfers.