Sponsors & Developers

Sponsors & Developers

We represent real estate sponsors and developers throughout the full lifecycle of development projects, from site acquisition and land use approvals through offering plan filings and sponsor unit closings. Our practice focuses on the legal and regulatory aspects of development execution, helping clients navigate complex approval processes and deliver projects efficiently and in compliance with applicable law.

We advise sponsors and developers on a broad range of land development and entitlement matters, including:

• Site acquisition and development structuring
• Zoning and land use analysis, rezonings, variances, and special permits
• Zoning Lot Development Agreements (ZLDAs) and related easements
• Access agreements, easement agreements, and neighboring property arrangements
• Coordination with architects, engineers, and land use consultants
• Government approvals and regulatory compliance at the municipal and agency level
• Tax abatement and incentive programs (421-a, 485-x, City of YES), including analysis, applications, and compliance

We also assist sponsors with the preparation and filing of offering plans for new construction and conversion projects, including:

• Drafting and filing of offering plans and amendments
• Condominium declarations, bylaws, and governing documents
• Coordination with the New York State Attorney General’s office and other regulators

Sponsor Unit Closings

Our firm provides process-driven sponsor unit closing services designed to support high-volume closings with consistency and efficiency. We regularly handle:

• Sponsor unit closings and post-closing matters
• Mortgage splitters
• CEMA (Consolidation, Extension, and Modification Agreements)
• Section 339-e(e) filings under New York Real Property Law

Throughout each stage of development, we focus on execution, risk management, and regulatory clarity, allowing sponsors and developers to move projects forward with confidence.