Co-ops Can Ease the Condo Crisis
October 5, 2009
Douglas P. Heller, Erica Buckley
Globestreet.com & Real Estate New York
Erica Buckley, an assistant attorney general in the Real Estate Finance Bureau, and Douglas P. Heller, a Herrick partner specializing in all aspects of condo and co-op law with an emphasis on financing, encourage developers, sponsors and lenders on troubled condominium projects to consider converting to a co-operative ownership structure.