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We are pleased to share that our founding member, Geoffrey Mazel, Esq., was recently featured in a CBS News New York story discussing pending ground lease legislation.
For many years, Mr. Mazel has been a leading advocate on cooperative ground lease issues. His extensive experience includes serving as the lead negotiator when the seven Bay Terrace Cooperatives successfully purchased their land leases in 2017 and playing a pivotal role in crafting and passing the Ground Lease Renewal Act of 2024. Through his efforts, Mr. Mazel has helped protect thousands of New Yorkers from the potentially devastating financial consequences of living in a cooperative subject to a ground lease. His dedication and expertise continue to make a significant impact in safeguarding the future of cooperative housing in New York.
We invite you to view the CBS News New York feature and learn more about this critical issue. If you have any questions or would like further information on how this legislation may affect your cooperative, please do not hesitate to contact us.
Watch News Story Here
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