Overview

The New York City Development Practice of Adler & Stachenfeld is unique because it is so comprehensive.  While other law firms might have niche expertise in certain aspects of a NYC development project, A&S has deep knowledge across the entire capital stack, as well as comprehensive specialties in areas unique to the City.  We approach every matter with a team mindset, allowing us to solidify a true partnership in helping our clients successfully and efficiently execute complex transactions while providing strategic advice and resources to help them grow their businesses, build out their real estate platforms, and proactively institute long-term planning for their portfolios. 

Our NYC Development Practice encompasses:

  • Zoning and Land Use (including discretionary applications)
  • Ground Leasing
  • Real Estate Tax Incentives and Exemptions
  • Tax Certiorari
  • Acquisitions / Dispositions
  • Assemblages
  • Financing and PACE Financing
  • Joint Ventures
  • Leasing
  • Tax Planning and Structuring 
  • Local Law 97 Compliance
  • Multi-stakeholder Negotiations
  • Experience working with various City and State Agencies (i.e., HPD, DOF, DOB, EDC, IDA…etc.)

We believe that NYC is at an inflection point – countless real estate companies are pivoting to new strategies, looking to different partnership opportunities, and evaluating ways to leverage their existing portfolios in a post-COVID environment.  

At A&S, we act as a “Developer’s Lifeline” in times of change.  We have a complete NYC Toolbox that allows us to assist in any development transaction happening in NYC – and we have the connections to help our clients find new financing sources, strategic partners, and specialty consultants to help execute nearly any structure. Whether you have an empty Midtown South office building you want to redevelop, an occupied site in the Bronx on the verge of rezoning, or are entirely new to the NYC real estate market, our all-woman team has decades years of experience to bring to the table and we’re ready to think creatively with you.  As the real estate world continues to adapt to the changing times.  We make New York work for you.