Conversion of Cooperative Property into Condominium

Cooperative Association

Counsel to a cooperative association in the conversion of over 400 cooperative units to condominium form of ownership, resulting in a significant increase in each unit’s property value post-conversion.

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Sonja C. Darby
Of Counsel
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Experience
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...
Experience
Representation of Consultatio, a development and financial firm owned by Argentine businessman Eduardo Constantini, in obtaining approval for the rezoning of a 5.5-acre oceanfront site in Bal Harbour to develop an 850,000-square-foot, 260-unit luxury high-rise condominium. We successfully negotiated...
Experience
Representation of one of the largest privately owned development companies in Florida in connection with a joint venture with a private equity firm to develop a luxury high-rise condominium project in Naples, Florida. Our representation included complex tax structuring, as well as the negotiation of...
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