|
 |
Contact:
Nina McCann
Director of Public Relations
Forchelli, Curto, Deegan, Schwartz, Mineo, Cohn & Terrana, LLP
516-248-1700
nmccann@ForchelliLaw.com
Jeffrey D. Forchelli featured in
the Long Island Business News “Who’s
Who in Commercial & Residential Real Estate Law”
LIBN “Who’s Who in Commercial & Residential
Real Estate Law”, 12/18/09
Uniondale, December 18, 2009 — Managing Partner Jeffrey D. Forchelli is
featured in the Long Island Business News’ listing of "Who's Who in
Commercial & Residential Real Estate Law."
In the article, Mr. Forchelli comments on important questions to ask when purchasing
property. He cited finding out what use or uses are currently permitted for the
property, and if those uses consistent with the proposed use or uses contemplated
by the purchaser.
“In the case of a purchaser buying a single-family house for use as a single-family
house, the question can be answered simply by the seller providing a Certificate
of Occupancy for all existing structures of the property,” Forchelli said.
When the property is purchased to enlarge existing structures … then the
question becomes more difficult. He noted, “The purchaser’s attorney
is then required to do an analysis of the existing zoning, the existing uses,
the proposed use or uses. Once that analysis is completed, including the likelihood
of success, it must be discussed with the purchaser because the likelihood of
success or lack of success will weigh heavily on the value of the property and,
consequently, the purchase price that can be paid.”
Mr. Forchelli founded the law firm of Forchelli, Curto, Deegan, Schwartz, Mineo,
Cohn & Terrana, LLP in 1976 and has served as its Managing Partner ever since.
His extensive personal practice concentrates on complex real estate and land
use matters, including litigation and tax certiorari for major real estate developers
and national corporations. He has served as Counsel to the New York State Assembly,
and served on the Legal Advisory Board and on the Board of Directors of Security
Title and Guaranty Company. Mr. Forchelli was selected for inclusion in Who's
Who in American Law (8th Edition) was selected by his peers for inclusion in New
York Magazine’s SuperLawyers (2007 & 2009).
Founded
in 1976, Forchelli, Curto, Deegan, Schwartz, Mineo,
Cohn, & Terrana
LLP is one of Long Island's most acclaimed and distinguished
law firms. Headquartered in Uniondale, NY, the firm is conveniently located for clients in
Nassau and Suffolk. The Firm employs nearly 50 attorneys
who provide counsel to a broad range of clients, including
national, regional and local businesses, major real
estate developers and organizations, banks, insurance
companies, municipalities, educational institutions,
and individuals. Personal attention and quality representation
that is both practical and cost-effective are hallmarks
of the Firm's policy towards clients.
«
Back to Announcements Index
|
|
|
