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New York's highest court on behalf of
community housing advocates... more
- Cooperatives & Condominiums
- Offering Plans for new Condominiums and Co-operatives
- Housing Development Fund Corporation (HDFC) Cooperatives
- Mitchell-Lama Housing Cooperatives
- Community Rights Litigation
- Liquor License Challenges
- Bar Noise—Nuisance Bars & Clubs
- Affordable Housing Development
- Small Business & Community Economic Development
- Landlord and Tenant
- Limited Equity Cooperatives
New York City Mitchell-Lama Housing Program AttorneyMitchell-Lama Housing Cooperatives
The Mitchell-Lama Housing Program was established in 1955. It provides affordable rental and co-op housing to low and middle-income families. Mitchell-Lama buildings operate under the Department of Housing Preservation and Development (HPD) or under the Division of Housing and Community Renewal (DHCR). When apartments and cooperatives were developed under this program in the '50s, '60s and '70s, they received tax breaks and low interest loans. Rent, purchase prices and resale prices
were kept below market values.
Now, as the designated time periods have passed, many are tempted to buy out. Barry Mallin & Associates, P.C. represents shareholders who want to keep their units as affordable housing, rather than convert to market rate housing. Call us today at 212-966-5085 to arrange your consultation. Or, submit an online contact form to have someone from our firm reach you.
Will your building be taken out of the Mitchell-Lama program?
Barry Mallin established our firm in 1985. He has extensive knowledge of co-op and condominium law and an in-depth understanding of shareholders' concerns. If your building is at risk of being taken out of the Mitchell-Lama program, having an experienced lawyer on your side is essential. Our firm can find answers to your most pressing questions.
There may be a way to prevent or delay leaving your Mitchell-Lama program. Attorney Mallin can thoroughly analyze all aspects of any agreements or covenants to help you explore your options. For example, whether your building is supervised by HPD or DHCR can make a difference. Or, there may be wording in the land use agreement that could be used to your advantage. Another important item to consider is whether your building was built before or after 1974.
Barry Mallin & Associates, P.C. provides skilled legal counsel to shareholders who want to remain in the Mitchell-Lama program and reject privatization. We also represent boards of Mitchell-Lama cooperatives who are committed to remaining in the program. Contact our firm today to arrange your consultation.