Burt Allen Solomon

Burt Allen Solomon: Attorney with Norris McLaughlin, P.A. AV stamp icon
Attorney Awards

Biography

Burt Allen Solomon practices cooperative, condominium, real estate, non-profit, trusts and estates, banking, and corporate law at the firm’s New York City office.

Currently, his practice focuses on affordable and cooperative housing. Burt has been involved extensively in secured and unsecured financing transactions for housing developments from both, a lender’s and a borrower’s perspective, involving both regulated and unregulated housing. In addition, his extensive experience includes dealing with city, state, and federal housing agencies on behalf of regulated housing developments.

Burt has represented and advised housing developments on widely diverse activities, including financing; requests for financing proposals; corporate and regulatory aspects of low income housing tax credit financing, privatization of government regulated cooperatives, apartment purchase procedures, applications, interview procedures, and legal compliance, including anti-discrimination laws. He also handles specialized real estate transactions, including sales to New York City for perpetual parkland use, sales of commercial condominium units, not-for-profit corporation transactions, easements and licenses of real property, and sales to foreign governments of real property.

Burt is also experienced in advising housing developments concerning specialized issues, such as electricity submetering, governmental investigations, regulatory compliance, placements of apartments into trusts, sales of apartments for commercial uses, advising on cooperative corporate governance, including disputed elections, directors’ responsibilities and other maintenance and operation issues, and drafting governing documents (certificates of incorporation, by-laws, proprietary leases, occupancy agreements and house rules). He also advises cooperatives about estate and trust matters affecting them.

Burt returned to private practice in 1990, after 12 years with Bank Hapoalim B.M., much of that as head of its U.S. Legal Department, where he gained expertise in areas as diverse as domestic and international commercial lending, federal and state bank regulatory compliance, interstate and international transactions, and bank operations and management. His banking practice has included areas such as commercial lending, wire transfers, funds transfer systems, federal and state banking and consumer regulations compliance, fidelity bond claims, money laundering and fraud issues, and bank secrecy and commercial aspects of bankruptcy matters.

After law school, Burt clerked for two federal judges in the U.S. District Court for the Eastern District of New York.

News

Norris McLaughlin, P.A. Member to Headline Photo Exhibit

Norris McLaughlin, P.A.Closes First Multi-Family Grant Under NYC Build It Back

Norris McLaughlin, P.A.Testifies in Opposition to Proposed Cooperative Legislation

Burt Allen Solomon Exhibits Photography, Some Things Seen in Israel

Norris McLaughlin, P.A.Closes Over $150 Million Financing Package for Mutual Redevelopment Houses

Burt Allen Solomon Exhibits Photography at Amalgamated Houses in The Bronx

Burt Allen Solomon Exhibits Photography at The Framing Mill

Articles

NEWLY ADOPTED NEW YORK NON-PROFIT REVITALIZATION ACT OF 2013

NEW STATUTORY SHORT FORM POWER OF ATTORNEY FOR NEW YORK

Publications

•“Newly Adopted New York Non-Profit Revitalization Act of 2013, ” NM Client Memorandum, June 9, 2014
•Quoted, “Get to Know Your Board: Looking at Board Roles & Responsibilities,” The Cooperator, August 2013
•“New Statutory Short Form Power of Attorney for New York,” Cooperative (“Co-op”) and Condominium Law Alert, April 2011
•Quoted, “ Know Your Board: Understanding Roles & Responsibilities, ” The Cooperator, August 2009

Presentations

•“New Laws Affecting Our Co-Coops,” Coordinating Council of Cooperatives, New York, New York, February 12, 2011

(Also at New York, New York Office)

Areas of Practice (6)

  • Banking & Financial Services
  • Business Law
  • Estate Planning & Administration
  • Real Estate & Finance
  • Cooperative ( Co-op ) and Condominium Law
  • Elder Care & Special Needs Law

Education & Credentials

Contact Information:
(212) 808-0700  Phone
(212) 808-0844  Fax
https://norrismclaughlin.com
University Attended:
Brooklyn College, B.A., magna cum laude, 1965
Law School Attended:
Harvard Law School, LL.B., cum laude, 1968
Year of First Admission:
1969
Admission:
U.S. District Court, District of New Jersey, Southern District of New York, Eastern District of New York; 1969, New York; 1981, New Jersey
Memberships:

Professional Affiliations

•American Bar Association
•Affordable Housing & Community Development Law Section
•Business Law Section
•Real Property Law Section
•New Jersey State Bar Association
•Banking Law Section
•Real Property Law Section
•Probate and Trust Law Section
•Corporate and Business Law Section
•New York State Bar Association
•New York City Bar Association
•Banking Law Committee, 1986-1989
•New York County Lawyers Association

ISLN:
903558929

Peer Reviews

5.0/5.0
A Martindale-Hubbell Peer Rating reflects a combination of achieving a Very High General Ethical Standards rating and a Legal Ability numerical rating.

*Peer Reviews provided before April 15, 2008 are not displayed.

Bridgewater, New Jersey

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