Access Agreements Nyc

Of course, financial compensation may be justified if a neighbouring piece of land is negatively affected by a construction project, but in most cases, owners see the „access agreement” or „royalty” as a means of obtaining a large payment, or even block construction. Before entering the adjacent land, the owner, developer or owner must first obtain a temporary license to access the property, either from the owner of the adjacent land or from a court pursuant to Section 881 of the Real Property Actions and Proceedings Law („RPAPL”). The „Over-my-dead body” response to a developer`s access request isn`t really an option for co-op and condo cards, as the law favors developers who want to finalize approved projects. If a developer`s application has been rejected, the developer may initiate a special procedure for a building entry license, in accordance with Section 881 of new York`s Real Property Actions and Proceedings Law. Although each construction project is unique with its own neighbors and circumstances, the key for the developer is to respond in a timely manner to the available options to avoid having any choice but to pay an exorbitant amount of money to access and protect a neighboring piece of land…

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