Peter B Zlotnick

January 22, 2020 | New York Law Journal

The process of converting a rental building in New York City to a condominium or co-op is a complicated one, involving many elaborate statutes. The "Reserve Fund Law," a byzantine and hyper-technical law that has rarely been interpreted by the courts, is one of them, but in a recent case, the court examined the particulars of calculating the Total Price under the Reserve Fund Law.

By Peter B. Zlotnick and Alexander Litt

8 minute read