PrintShare
Paul J. Proulx

Paul J. Proulx



Illustrative Matters

Development Rights Transactions

Client
Description
176 Broadway Owner’s Corporation
Negotiated sale of development rights, extension of chimney, and roof protection
Blue Note Jazz Club
Drafted and negotiated Declaration and ZLDA to facilitate expansion of the building that hosts the iconic jazz club
AvalonBay Communities
Drafted Declaration and ZLDA with joint venture partners, Muss Development, to facilitate Avalon Brooklyn Bay development
Cubiculo Condominium
Drafted termination documents to sever the relationship between a midtown condominium and its neighbor
Ekstein Development Group / The Pinnacle Group
Drafted and negotiated PSA, Declaration, and ZLDA for transfer to facilitate development of 40-story tower, 30E31
Macklowe Properties
Drafted ZLDA to transfer development rights from established “fee-above-the-plane” to development site to facilitate development of 35-story tower, 200E59
Tamarkin Co.
Drafted and negotiated PSA, including transfer instruments, for High Line Transfer Corridor Development Rights, to facilitate development of 550 West 29th Street
Extell Development Co.
Drafted Hudson Yards District Improvement Fund Bonus Restrictive Declaration and application for CPC Certification to increase the basic maximum FAR of 555 Tenth Avenue by 244,304 SF
Urban SERS
Drafted and negotiated PSA, Declaration, and ZLDA to facilitate self-storage development in Jamaica, Queens
Washington Square Group
Drafted and negotiated assignment of High Line Transfer Corridor Development Rights for a record, $800 PSF
Slate Property Group
Drafted HPD applications and closed on inclusionary housing permit notices to facilitate two separate developments in downtown Brooklyn
E.G.A. Associates
Drafted and negotiated PSA, Declaration, and ZLDA between long-term property owner and developer of proposed Sutton Place skyscraper
304-324 Owners Corp
Drafted and negotiated PSA, Declaration, and ZLDA to facilitate transfer from co-op to not-for profit student dormitory on East 41st Street in Manhattan
Family Office
Drafted and negotiated Declaration, and ZLDAs to transfer and preserve development rights on a “fee-above-the-plane”
Snap Developers
Drafted ZLDA and Declaration transferring development rights from Brooklyn condominium buildings to development site, all under single ownership

Entitlements

Client
Description
Lexington Gardens Owners, LLC, a joint venture of Tahl Propp Equities and L&M Development Partners
Land use counsel to joint venture developing East Harlem site composed of private land improved with project-based Section 8 building and City-owned parking lot. Drafted and coordinated Uniform Land Use Review Procedure (“ULURP”) filings with joint-applicant, New York City Department of Housing Preservation and Development (“HPD”), to facilitate development of 400 units of affordable housing. Drafted and negotiated related General Large Scale Development Restrictive Declaration.
Kahen Properties
Provided counsel to developer and architect and filed applications with HPD for inclusionary housing benefits and a 421-a tax abatement to facilitate a 12-story, 135-unit rental housing building in Manhattan’s East Village.

Education

  • B.A. University of Detroit Mercy (magna cum laude)
  • M.S. Pratt Institute (City and Regional Planning)
  • J.D. Brooklyn Law School

© Copyright 2018 Carter Ledyard & Milburn LLP