What, Where and When
Title: Environmental Due Diligence in Commercial Real Estate Transactions
Date: July 1, 2010
Location: Bank of America, 335 Madison Avenue, 5th Floor
Class Details: This class provides practitioners with an overview of the due diligence process required of an attorney representing a purchaser of property with possible hazardous contamination or of a company that has facilities which are, or may be, contaminated. The class addresses Federal and State laws that apply to contaminated sites, measuring potential risk to the client, contract provisions that will best protect the client, Phase I and II environmental reports, CERCLA issues and other environmental due diligence matters of interest to the practitioner.
Instructor: James Periconi, Esq., Periconi LLC
CLE Credit: 3 Areas of Professional Practice Credits
Sponsor: Bank of America
Click here to register for my Environmental Due Diligence Class.
Title: Air Rights Deals: Buying, Selling and Transferring Development Rights in NYC
Date: July 8, 2010
Location: Wells Fargo, 530 Fifth Avenue (44th/45th Streets), 15th Floor
Class Details: In New York City where the availability of land is limited often the only way to build is by acquiring development rights (a/k/a "air rights"). This class provides a comprehensive review and analysis of air rights including the history and development of the legal concept of air rights, the role of the NYC Zoning Resolution in air rights deals, how to determine if there are available air rights to acquire, the nuts and bolts of an acquisition of air rights, the documents necessary to memorialize an air rights deal, and the title company's role in an air rights transaction.
Instructor: Caroline Harris, Esq., Goldman Harris LLC
CLE Credit: 3 Areas of Professional Practice Credits
Sponsor: Wells Fargo
Click here to register for my Air Rights class.
Title: A Guide to IRC 1031 Tax Deferred Exchanges
Date:
July 14, 2010
Location: Bank of America, 335 Madison Avenue (44th Street), 5th Floor
Class Details: This class provides both newly admitted and more experienced practitioners with a comprehensive review of IRC §1031 Tax Deferred Exchanges and the role that statute plays in real estate transactions that utilize this tax deferral strategy including discussions of the statutory history of §1031 Tax Deferred Exchanges, reasons for employing IRC §1031, in-depth discussion of the definition of "like-kind exchange" and its treatment by the IRS, Tenant-In-Common properties, REITs, treatment of vacation and second homes under IRC §1031, forward exchanges, reverse exchanges, and an in-depth discussion of the mechanics of properly conducting a tax deferred exchange under IRC §1031 including required and recommended documentation and the role of both the attorney and Qualified Intermediary in the transaction.
CLE Credit: 3 Areas of Professional Practice Credits
Sponsor: Bank of America
Click here to register for my 1031 Tax Deferred Exchanges Class.
Title: Green Buildings: The Future is Now
Date: July 21, 2010
Location: Berdon LLP, 360 Madison Avenue (45th Street), 8th Floor
Class details: The concept of being "green", and more particularly building green, has swept the country and spawned numerous Federal, State, and local laws which, in turn, have created new legal issues that attorneys need to be aware of and understand. This class provides a comprehensive review and analysis of the impact of buildings on the environment, the legal and public policy reasons for green buildings, an in depth discussion and analysis of the various rating standards and agencies that have been created and are commonly utilized to "rate" green buildings, legal issues related to the burgeoning concepts of "passive buildings" and "zero energy buildings," Federal, State and New York City statutes related to green buildings, and contract, tort and other litigation claims that have arisen out of this new and rapidly developing area of law.
Instructor: Stanley Alpert, Esq., Constantine Cannon
Sponsors: Signature Bank and Berdon LLP
CLE Credit: 3 Areas of Professional Practice Credits
Click here to register for my Green Buildings class.
Title: Representing the Buyer: Coop and Condo Due Diligence and Contract Matters
Date: July 28, 2010
Location: Bank of America, 335 Madison Avenue (44th Street), 5th Floor
Class Details: This class is for attorneys who will, or may, represent purchasers of Coop and Condo apartments. The class will address both contract issues the attorney should be aware of as well as due diligence that the attorney must conduct on behalf of the client. Specific issues to be addressed include time of the essence clause, delivery date issues, mortgage contingency clause, down payment and default clauses, review of Coop and Condo Offering plans, review of Coop and Condo Financial Statements, review of Coop Proprietary Lease, review of Coop Board minutes, and review of Coop or Condo's By-Laws. The class will also discuss the various federal, state and local taxes related to such a transaction.
Instructor: John Bradbury, Esq., Law Offices of John Bradbury
CLE Credit: 3 Areas of Professional Practice Credits
Sponsor: Bank of America
Click here to register for my Coop and Condo class.
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