This course stresses the law and process of real estate development, and emphasis is on development activity in New York City and environs. Case studies and problem analyses of actual development projects are considered, with developers and lawyers involved in such projects as instructors and guest participants. Background on the roles, knowledge base, and objectives of the various skill groups involved in the development process is also covered, e.g. , developers, lawyers, lenders, contractors, architects, brokers, prime tenants, and government regulators. Attention is also given to negotiation techniques and tactics, client relations, and locating and utilizing experts. Relevance of leasing to the development process is considered as well.
Enrollment is limited.
This course provides an introduction to drafting and negotiation of leases of commercial real property. Enrollment is limited. The course focuses on issues relating to the legal structure, management, and ownership of cooperative housing corporations and condominiums.