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Buying a Mixed-Use Building in New York City

It is a complicated task to purchase a New York City commercial building with known or potential residential tenancies. However, with careful physical and documentary investigation, most of the potential traps for an unwary buyer can be revealed.

30 minute read May 27, 2008 at 12:03 AM
By
Adam Leitman Bailey And Dov Treiman
Buying a Mixed-Use Building in New York City

According to Forbes.com, Manhattan is one of the 10 most expensive places in the world to call home, and CB Richard Ellis' 'Global Market Rents Survey' places New York 12th on its list of the most expensive office markets, despite the extremely discounted price of the dollar.

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