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Lloyd F. Reisman

Associate

646-878-2445

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Lloyd Reisman is an Associate in Ganfer Shore Leeds & Zauderer’s Real Estate Transactions and Cooperatives and Condominiums Practices.

A Steady Hand Guiding Corporate Leadership of Condominium and Cooperative Boards

Mr. Reisman represents a broad range of New York properties, with an emphasis on cooperative and condominium buildings. From day-to-day business affairs to complex, multiparty transactions, he resolves issues swiftly and smoothly, always looking to achieve his client’s goals effectively and efficiently.

He assists real estate developers, owner/operators, investors, and management companies in a variety of matters, including developing and converting residential, commercial and mixed-use properties to condominiums, creating “no-action” condominiums, and transactions and financing involving “unsold shares” in cooperative corporations. He also assists cooperative boards issuing and selling previously unissued shares to existing shareholders and third-party purchasers.

Mr. Reisman represents developers in substantial transactions throughout New York City, including selling units in luxury residential and commercial condominium developments. He also assists out-of-state condominium developers and homeowners’ associations register applications with high-value offerings. Mr. Reisman also works with some of the nation’s largest law firms and lending institutions as special condominium counsel in connection with project financing of condominium developments throughout New York City.

Mr. Reisman also has experience counseling market- and government-regulated cooperatives and condominiums on matters related to corporate governance, refinancing, and Mitchell-Lama rules.

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REPRESENTATIVE TRANSACTIONS

  • Represented the owner and developer of a luxury mixed-use condominium in Flushing, Queens, New York in connection with the submission of the offering plan, creation of a “no-action” condominium, and the negotiation and sale of more than 200 residential and office condominium units
  • Represented the owner and developer of a luxury residential condominium on the Upper East Side of Manhattan in connection with the negotiation and sale of more than 30 condominium units
  • Represented a cooperative in connection with the acquisition of the remaining term of a retail store lease and the subsequent issuance and sale of shares to a real estate investor
  • Represented a cooperative in connection with the issuance and sale of shares allocated to non-residential floor space to an existing shareholder to be converted to residential use and ultimately incorporated into a combined apartment
  • Represented a Florida developer in connection with the submission of an exemption application pursuant to Cooperative Policy Statement No. 12 for a luxury condominium
  • Represented purchasers and sellers of cooperative and condominium units and of private homes
  • Represented cooperatives in transfers of units into trusts

EDUCATION

  • Hofstra University School of Law, (J.D., 2007)
  • Baruch College, City University of New York (CUNY) (B.A., 2004)

ADMISSIONS

  • New York (2008)

MEMBERSHIPS

  • Member, New York State Bar Association
  • Member, New York City Bar Association