Representing Commercial Real Estate Buyers

Representing Commercial Real Estate Buyers

Commercial and industrial real estate purchasing issues in New York are more complex than ever. When embarking on such transactions, it’s a good idea to use the help of experts who are fully focused and up-to-date on current strategies, conditions, and issues.

When you use Rozhik Law Firm PLLC, you’ll also gain access to the service of our legal and brokerage network, and our research, databases. Your needs become the job of our company. It makes a lot of sense to use specialists who know the New York commercial market and will focus solely on representing your commercial buying interests.

Knowledge of Local Markets

Due to our real estate knowledge in New York City and the surrounding territory, you’ll be able to obtain a deep understanding of all properties that meet your criteria, whether these will soon become available, or are already on the market. We know the complete market, including tenants that may be willing to sublet their current space due to the need for bigger space or when they are down-sizing.

Expertise

Rozhik Law Firm PLLC are retained for the same reasons that brokers, accountants, or investment advisors are retained. An individual or company not familiar with commercial real estate issues needs advice that is objective, knowledgeable, and consistent, and that can only be provided by active professionals.

We Only Work For You

When you use us as your attorney’s we aim to represent only your interests and to give you the best possible value. Remember that a seller’s employees and agents only care about the seller’s interests, not yours.

Reasonable Costs

We understand that any business decision involves a financial component. In this case, it would be attorney’s fees and we’ll endeavor to make any project as profitable as possible for you by charging reasonable fees, while at the same time maintaining the high quality our service is known for.

We’ll Do The Time-Consuming Work

Using the services of an attorney frees up enough of your time to allow you to continue running your business. We’ll discuss potential properties, answer any questions you may have, gather information, and spend time working with you. We are also able to address other issues such as permitting and licensing, environmental, financing, incorporating, and all items relating to setting up the business.

Negotiating Purchase Agreements

We have the know-how to drive a hard bargain on your behalf while representing your interests. We negotiate deals in Long Island and New York City frequently. We know which questions to ask in terms of terms, price, perks, options, etc., and what deals sellers have made with others. This is the main reason sellers prefer to deal with you directly, rather than through us!

More Real Estate Agent’s Is Not Better

If you approach more than one firm with your requirements, they will each contact the same sellers on your behalf. This creates the impression among sellers that there are numerous people buying commercial real estate in the market, while it may only be you. This creates a scenario where you will effectively be competing with yourself, and this could result in inflated prices.

Financing, Sales, and Purchases

The Commercial Real Estate business in New York and its metropolitan areas is more competitive and complex than anywhere else in the USA. Rozhik Law Firm PLLC has been representing individuals buying commercial real estate in New York for many years. While our practice has many different branches, we have extensive experience as real estate lawyers.

We have over the years gained deep knowledge of the application and details of the specific rules governing the City’s real estate taxes, zoning, title issues, exemption programs, as well as the wider concerns that are present with any complex commercial real estate transaction. That knowledge has been shared with his partners and associates. The commercial real estate attorneys our firm have decades of experience handling commercial real estate transactions in the New York Metropolitan area, but also nationwide. We have drafted and negotiated agreements and closed deals for many different types of real estate acquisition, conveyance, development, and financing, for Fortune 500 companies and individual owners. We recently closed the development and acquisition agreements in Brooklyn for an upmarket condominium development and a major lease in downtown Manhattan’s historic Essex Crossing development. We are in ongoing negotiations for big development deals in Staten Island and Brooklyn.

Commercial Real Estate Legal Services

Commercial real estate legal services and transactions relating to this portion of our practice include:

• Purchase and sale of real property related to commercial or residential real estate
• Purchase and sale of buildings for new mixed-use or commercial purposes.
• Commercial real estate sales and purchases involving franchisees and franchisors.
• Review, drafting, and negotiation of all necessary commercial real estate closing documents, including contracts.
• Real estate LLC formation.
• Purchase of an existing business with real estate holdings.
• Survey and title review.
• Services related to refinancing and financing, including mortgages, private and institutional, for construction and acquisitions.
• Legal aspects relating to site development, including economic development incentives, permits, zoning changes, tax abatements, and air rights transfers.
• Analysis of property rights, including air rights, tax issues, environmental concerns, restrictions on property use, and other matters.

Specific Services for Buying Commercial Real Estate

• Review of underlying leases.
• Negotiation and review of contracts of sale.
• Explanation of mortgage commitments and real estate contracts.
• Preparation of Attorney Opinion Letter for the Lender.
• Correspondence with sellers’ attorneys, title companies, and mortgage companies.
• Resolving any issues before closing, including repairs, title problems, tenant issues, etc.
• Review of mortgage and title commitments.
• Closing preparation, including obtaining required title work.
• Representation at closing.

If you are becoming involved or are already involved in a real estate transaction in New York or another state, Rozhik Law Firm’s commercial real estate attorneys can assist you. For more information, contact us today, and we’ll show you how our real estate legal services can move your business forward.