Lot Subdivision & Condo Conversion

[Jonathan Piedra]

Hi everyone,

I am currently working on a phased project. In Phase 1, I plan to renovate units of a three-family property and convert the property into condos. Then, in Phase 2, I aim to subdivide the lot and construct new buildings at the back of the lot. While the deal does not hinge on the ground-up phase, it could provide a significant upside.

After consulting with the City Zoning Department and reviewing the dimensional regulations of the neighborhood district, it appears that my plan is feasible. There are also precedents in the neighborhood for similar projects. However, there are many factors to consider, and I want to ensure that the right people are involved at the right time.

The renovations are nearly complete, and I am already collaborating with a condo conversion lawyer to draft the condo filing documents. I am wondering if now is the right time to involve a zoning attorney to review these documents. I want to ensure that nothing is overlooked that might prevent future construction.

Does anyone have any similar experiences or advice they can provide on navigating subdivisions and zoning?