Considerations in structuring ownership of condominiums and cooperative apartments in New York
NYSBA’s Trusts and Estates Law Section Journal
Davis Polk partner Jillian Merns published “Considerations in structuring ownership of condominiums and cooperative apartments in New York: An overview for estate planning professionals” in NYSBA’s Trusts and Estates Law Section Journal with co-authors Monika Jain from Holland & Knight and Tracy McLaughlin from ArentFox. The article examines New York’s unique residential real estate landscape, dominated by cooperative apartments and condominiums, which presents distinct challenges and opportunities for estate planning professionals. The authors outline the key differences between cooperatives and condominiums and compare different options for structuring ownership of both condominiums and cooperatives.
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