For more than 35 years, Alan Fox has practiced in New York City and metropolitan New York, representing property owners in a wide variety of real estate transactions, from small purchases or sales to blanket mortgages of scores of properties involving tens of millions of dollars. Mr. Fox has represented purchasers and sellers, landlords and tenants, and borrowers and lenders. Transactions have included the site acquisition for development of a major league sports training facility; the purchase and sale of shopping centers, high-rise office buildings, and apartment towers, and ground leases; and the refinancing of office, commercial, and residential properties, including multifamily garden apartment developments and hotels.
As counsel to New York Industrial Development Agencies (IDAs) and Local Development Corporations (LDCs), with experience representing applicants before similar agencies, Mr. Fox is familiar with the tax incentives available to businesses that relocate to, or remain in, New York State. This perspective enables him to identify opportunities to reduce the commercial client's costs in a relocation or expansion situation. Where IDA or LDC bonds are a financing option, such as in connection with capital projects of not-for-profit entities, Mr. Fox has the experience to guide a client through this process.