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5 Mistakes to Avoid When Hiring a Commercial Real Estate Lawyer in NYC

by | Dec 3, 2024 | Blog |

Hiring the right commercial real estate lawyer is crucial for the success of your property investments or business ventures. It’s not just about legal advice—it’s about making sure that your deal is structured correctly and your interests are fully protected.

With so much on the line, it’s important to avoid common mistakes that could lead to costly consequences down the road.

Commercial Real Estate Lawyer in NYC

When it comes to hiring a commercial real estate lawyer in NYC, experience is everything. A common mistake we see is when individuals hire lawyers who lack experience in commercial real estate law. This area requires specialized knowledge, and the risks are significant.

At Busson & Sikorski, PC, we bring decades of experience to the table. Whether it’s negotiating commercial leases, handling acquisitions, or guiding you through zoning issues, we’ve got you covered.

Our team—led by Berenice Busson and Robert S. Sikorski—has successfully handled some of the most complex commercial real estate transactions, ensuring that all the details are addressed and your interests protected.

Failing to Understand Your Lawyer’s Expertise

Not all real estate lawyers specialize in the same areas. Some may focus on residential properties, while others have deep expertise in commercial real estate. It’s essential to hire a lawyer who truly understands the commercial market, zoning laws, and the complexities of large property deals.

A lawyer who doesn’t have this knowledge might miss crucial details, which could lead to legal complications down the road. At Busson & Sikorski, PC, we specialize in commercial real estate law, so you can be confident that we’ll provide the expert guidance you need for a smooth transaction.

Not Considering Estate Planning When Dealing with Real Estate

Real estate and estate planning often go hand in hand, especially for property owners who want to protect their assets for the future. When hiring a commercial real estate lawyer, don’t forget to think about their expertise in estate planning as well.

Real estate transactions can involve substantial sums, and ensuring those assets are protected for future generations requires foresight. We offer comprehensive estate planning services at Busson & Sikorski, PC. With Berenice Busson’s expertise in trusts and estates, we provide a holistic approach to both your real estate and estate planning needs.

Choosing the Best Estate Planning Attorney in NYC for Your Real Estate Deal

Real estate deals are often just one part of a bigger financial picture. If your lawyer isn’t well-versed in estate planning, you could be missing opportunities to protect your property from taxes, probate issues, and inheritance complications.
At Busson & Sikorski, PC, we take a well-rounded approach. Our team’s expertise in both commercial real estate and estate planning ensures that your investments are well-protected now and in the future. As one of if not the best estate planning attorney in NYC, Berenice Busson is dedicated to safeguarding your interests and securing your assets for years to come.

Focusing Only on Price Instead of Value

While cost is a consideration, focusing solely on price when choosing a lawyer can be a mistake. Lawyers who offer the lowest fees may not have the experience or depth of knowledge necessary for complex commercial real estate transactions. Instead of looking for the cheapest option, look for the lawyer who will provide the most value.
At Busson & Sikorski, PC, we offer high-quality service backed by decades of experience. We are dedicated to providing effective solutions and peace of mind, ensuring that your real estate matters are handled with the care and expertise they deserve.

Ignoring Communication and Availability

Clear communication is essential when it comes to real estate deals. Your lawyer should be responsive and proactive, making sure you’re always in the loop. At Busson & Sikorski, PC, we prioritize accessibility and transparency.
We know that real estate transactions can be time-sensitive, and we’re always ready to provide the answers and guidance you need when you need it most.

Key Takeaway

When it comes to hiring a commercial real estate lawyer, experience, expertise, and communication matter. At Busson & Sikorski, PC, we are committed to helping you navigate your commercial real estate transactions with ease and confidence.

Whether you need assistance with property acquisitions, commercial leases, or estate planning, we’ve got the expertise to ensure your deal is successful and your assets are protected.
Reach out to us today to see how we can help with your real estate and estate planning needs.