• David vs. Developer: Protecting Your Property Rights

  • 2025/04/17
  • 再生時間： 14 分
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David vs. Developer: Protecting Your Property Rights

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    In the era of Local Law 11 work, the access agreement has become so mundane that it usually doesn’t cause controversy. That isn’t true, though, for buildings facing a developer who wants to build a new building next door. Mark Hankin, partner at the law firm Hankin & Mazel, warns of proposed legislative changes that would favor developers by forcing buildings to accept permanent underpinning without fair compensation and potentially eliminating legal fee reimbursement for affected buildings. These changes could weaken a boards' ability to protect their buildings and get fair payment during neighboring construction, putting smaller properties at a disadvantage. Habitat’s Carol Ott conducts the interview.


    The business of running a building is demanding work that requires making endless decisions — some that can quickly lead your board into a quagmire of legal difficulties. Legal Talk interviews New York's leading co-op/condo attorneys to find solutions, and get some guidance, on these challenges. For more co-op and condo insights, sign up to receive Habitat's free newsletters or become a Habitat subscriber today!
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In the era of Local Law 11 work, the access agreement has become so mundane that it usually doesn’t cause controversy. That isn’t true, though, for buildings facing a developer who wants to build a new building next door. Mark Hankin, partner at the law firm Hankin & Mazel, warns of proposed legislative changes that would favor developers by forcing buildings to accept permanent underpinning without fair compensation and potentially eliminating legal fee reimbursement for affected buildings. These changes could weaken a boards' ability to protect their buildings and get fair payment during neighboring construction, putting smaller properties at a disadvantage. Habitat’s Carol Ott conducts the interview.


The business of running a building is demanding work that requires making endless decisions — some that can quickly lead your board into a quagmire of legal difficulties. Legal Talk interviews New York's leading co-op/condo attorneys to find solutions, and get some guidance, on these challenges. For more co-op and condo insights, sign up to receive Habitat's free newsletters or become a Habitat subscriber today!
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