Residential Real Estate
Attorneys in Federman Steifman LLP’s residential real estate group advise on the acquisition, sale, leasing and financing of exclusive primary and secondary residential properties valued in the tens of millions of dollars throughout New York City and its suburbs, the east end of Long Island, Southern Connecticut, coastal Rhode Island, Maine and Massachusetts.
For individuals either selling or buying a primary or secondary residence, Federman Steifman LLP’s lawyers draw upon decades long relationships with real estate brokers, managing agents and mortgage brokers to quickly and efficiently navigate the closing process. We assist our clients and their brokers on board and mortgage packages, as well as preparation for board interviews, where applicable. Federman Steifman LLP helps its clients in evaluating the health of a project or a building and secures rights for its clients in the event the client is not delivered the property in the condition required by agreements. Federman Steifman LLP’s residential real estate attorneys have closed some of the most significant single-family townhouse acquisitions and sales in Manhattan and Brooklyn.
Federman Steifman LLP lawyers have handled multiple transactions in many of the newest condominium buildings as well as many of the most historic co-operatives in New York City. This experience serves the firm’s clients well, as there are few surprises in transactions that are highly personal to individual clients and their families. Our clients value discretion and Federman Steifman LLP lawyers often serve as authorized representative for the firm’s clients throughout the closing process to protect the privacy of clients when purchasing residential property.
For condominium sponsors and developers, Federman Steifman LLP assists in quickly selling out inventory to achieve financing benchmarks by streamlining the closing process and working closely with the developer’s marketing and mortgage financing teams.