The Do’s and Don’t’s of Zoning Lot Mergers and Development Rights Transfers in New York City

Monday, December 5, 2016 |6 pm – 9 pm

Program Co-Chairs:

jacobs-robert

Robert A. Jacobs
Belkin Burden Wenig & Goldman, LLP

StefanieMarazzi+(1)

Stefanie Marazzi
Slater & Beckerman PC

  • In response to the recent significant upswing in development rights transactions, this program will provide an overview of current New York City law governing zoning lot mergers and the transfer of unused development rights, known as “air rights,” between contiguous and non-contiguous lots, as well as the mechanics and practical considerations involved in such matters. The program will review the relevant provisions of the NYC Zoning Resolution, explain core concepts using real life examples, explore key title issues, and go through each of the forms required for zoning lot merger transfers.  In addition, the program will discuss special zoning districts with additional incentives for development rights transfers, as well as discuss the laws and procedures governing the transfer of development rights from city-owned properties to privately-owned parcels.  This program’s updated content will provide credit to past attendees.

    Live Program and Webcast: $229 Member | $329 Nonmember

  • Noam Levy
    Senior Counsel
    New York City Law Department
    Economic Development Division

    John Mangin
    Assistant Counsel
    New York City Department of City Planning

  • 6:00 pm – 6:05 pm Introductory Remarks

    David M. Karnovsky

    6:05 pm – 6:40 pm Fundamentals of Zoning Lot Mergers & Development Rights Transfers

    • A discussion of basic concepts & related issues

    Stefanie Marazzi

     6:40 pm – 7:25 pm Mechanics of a Zoning Lot Merger    

    • A discussion of required documentation, title issues & due diligence

    Robert A. Jacobs

     7:25 pm – 7:35 pm  Break
     7:35 pm – 8:10 pm Special Zoning Provisions Governing Development Rights Transfers Between Non-Contiguous Parcels      

    John Mangin

        

     8:10 pm – 8:45 pm Transfer of Development Rights to & from City-Owned Properties

    Noam Levy

     8:45 pm – 9:00 pm  Question & Answer Session

    Panel

  • NY: 3.0 skills
    NJ: 3.3 general
    CA: 3.0 general
    PA: 2.5 general

  • snb-hrz-stk-lgo-black

     

    Sponsoring Association Committee: Land Use Planning & Zoning, David Mark Karnovsky, Chair

    Sponsorship Opportunities are Available! Please Contact:

    Maricela Alfonso| Membership and CLE Relations Associate| (212) 382-6608 | MAlfonso@nycbar.org

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