The legal hurdles of urban renewal

| Oct 23, 2018 | Commercial Real Estate

Urban centers throughout Massachusetts and other states are constantly undergoing gentrification. Gentrification, the process by which old buildings can be rehabilitated with the goal of drawing more affluent people, can certainly help with renewing existing neighborhoods. However, it can also pose hurdles for you if you are a commercial real estate owner in the Bay State.

Specifically, both construction companies and the businesses that employ them may face unique challenges related to rejuvenation, remodeling and construction law. That is because local governments are increasingly creating policies that dictate how buildings must be renovated today, in an effort to keep their cities thriving. In line with this, you as a commercial real estate owner can expect city building codes to be strictly enforced during your building renovation process.

In light of the above, it is critical that you consult an attorney before starting to remodel your commercial property. Rehabilitation projects are time-consuming and expensive endeavors, and unfortunately, your efforts will go to waste if you fail to conform to your local area’s gentrification-driven requirements. An attorney in Massachusetts can help to make sure that you have the required agreements in place to prevent costly construction disputes.

We have helped companies deal with construction, remodeling and rehabilitation projects for a century. Since 1918, the attorneys of Seder & Chandler have excelled at facing complicated and fast-moving legal issues, from complex corporate law, commercial real estate law, estate planning, to acting as counsel for business and personal legal matters. Contact us today to learn how our combination of traditional commitments and adaptivity has given us a legacy of a 100 years.