Eric Goldberg Quoted in the New York Times on Home Buyers, Views and Zoning Laws

Real Estate Partner Eric Goldberg was recently quoted in an article in the New York Times about home buyers and why it’s important for them to do research on zoning laws prior to their purchase. Many buyers don’t take into consideration how the surrounding views that come with their properties can be obstructed or changed due to future developments by neighboring or new property owners. This can become an issue in the future and have a negative effect on their home’s future property value. Mr. Goldberg commented on this by saying, “You should speak to zoning council as to what could be built in the surrounding area.” He continued, “If your new 20th-floor condo on Central Park has Hudson River views, you need to see what can be built in that corridor.” Goldberg noted that, “views are not guaranteed.” Mr. Goldberg also spoke about environmental regulations and how they’ve affected building certain structures on waterfront properties, stating that “If you’re buying the property, you have to see if the dock is permitted,”   “If it’s not permitted and it gets washed away, you’re never going to rebuild that dock. If it is permitted, you at least have hope, if you can build it in whatever environmentally sensitive way is required.”