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Smith, Buss & Jacobs provides comprehensive legal
representation in all areas of community association law
to cooperative corporations, condominium and homeowner
associations, individual owners and investors, and
sponsors of public offerings. The firm’s cooperative and
condominium lawyers serve as counsel to a significant
number of condominiums, cooperatives and homeowners
associations in the New York metropolitan area.
Our
general counsel services incorporate practical advice to
Boards of Directors regarding common problems,
protection against potential liability, dispute
resolution, contract negotiations, labor law
representation, and litigation services. We maintain a
full service transfer department for sales and
purchases, and a full-time default and landlord/tenant
law department to streamline collection of arrears.
The firm represents many different types of condominium
and cooperative sponsors, including developers of new
construction condominiums and converters of rental
buildings to cooperative and condominium ownership. The
firm’s cooperative lawyers and condominium lawyers have
vast experience preparing and filing offering plans for
cooperatives and condominiums. In addition, the firm
has assisted diverse groups of owners and tenants in
rental buildings who wish to establish a consensual
condominium or cooperative association.
Smith, Buss & Jacobs is one of the only law firms in New
York State to successfully restructure an ongoing
cooperative corporation as a condominium association.
The process includes legal and financial analysis of the
requirements of the conversion, settlement and
refinancing of loans for each individual shareholder,
and preparation of the unique documentation needed to
facilitate the transition.
The firm is general counsel to Fordham Hill Oval
Cooperative and Co-op City in the Bronx. |