Curing Ambiguities and Defects Without Noteholder Vote: Not So Fast
Funds Talk: October 2016
Maximizing the condemnation awards of property owners often requires the legal services of several practice areas at once. Accordingly, our Condemnation practice is comprised, not just of the Land Use group, but of the firm’s tax, real estate, environmental, transactional, and litigation practices as well. We work with our clients to negotiate and, when necessary, to litigate, in order to achieve the best outcomes in condemnation matters. We also assist developers in situations where condemnation is a part of the development process for their projects.
Much of our condemnation work involves zoning, and with one of the largest and most sophisticated zoning practices in New York City, we bring the same skills to the condemnation of sites that we bring to their development. Our experience is broad and diverse, having worked with major corporations, financial institutions, non-profit organizations—as well as commercial and residential developers—on a wide variety of complex matters.
We draw regularly on the services of the firm’s other practices, as needed. Our Tax group helps clients receive the full tax benefits they are entitled to in condemnation. Our Real Estate group assists in resolving title issues and facilitating payments from condemnors. The Environmental group plays a vital role with respect to remediation and other environmental issues relating to the use of condemned property. And litigators from both our real estate and environmental groups have successfully resolved some of New York’s most high profile land use, real estate, and environmental disputes. Jim Greilsheimer, head of the Condemnation group, has many years of experience in condemnation law. He has served as the Chief of the Condemnation Unit for the US Attorney in the Southern District of New York, and as First Assistant Corporation Counsel for New York City during the city’s fiscal crisis. His practice focuses on condemnation and government-related litigation at the local, state and federal levels.