AUGSPACH LAW

Transactions involving the purchase of development rights in New York City is an exciting and expanding field. More commonly known as "air rights", development rights combine an interesting mixture of private and public law. The article provides a comprehensive explanation for the transactional attorney, from public policy concerns to closing due diligence and documentation. The article also challenges some of the standard practices where legal concepts commonly used in the purchase and sale of property --i.e., matters of private law- are applied to the purchase and sale of development rights, which are a creature of public --not private- law.

Also known as: Augspach Law PLLC

Primary location: New York United States