Nixon Peabody Advises on First-Ever Article 2 to Article 11 Co-Op Conversion
June 28, 2024
June 28, 2024
NEW YORK, June 28 -- Nixon Peabody, a law firm, issued the following news release:
Nixon Peabody LLP is proud to have advised Cadman Towers on becoming the first Mitchell-Lama Co-op to convert to a Housing Development Fund Corporation (HDFC) Co-op under the City of New York's Article 2 to Article 11 Program. Cadman's participation in the Article 2 to Article 11 Program will ensure long-term affordability and stability for its shareholders for decades to come.
Cadman Tow . . .
Nixon Peabody LLP is proud to have advised Cadman Towers on becoming the first Mitchell-Lama Co-op to convert to a Housing Development Fund Corporation (HDFC) Co-op under the City of New York's Article 2 to Article 11 Program. Cadman's participation in the Article 2 to Article 11 Program will ensure long-term affordability and stability for its shareholders for decades to come.
Cadman Tow . . .