SEIDEN & SCHEIN, P.C. is one of New York’s top law firms, providing skillful representation in the development, buying, selling, leasing and financing of real estate.

The “Flex” Condo, or How to be a Quick Change Artist


Developers need the ability to shift gears when market conditions change. If the rental market begins to flag, “for-sale” units may suddenly be the way to go. But they may need to act quickly – and condominium projects should anticipate and allow for this flexibility. The New York Condominium Act states that the common interest