As a member of the firm's Administrative Group, Nick Kamillatos has advised property owners on how to best deal with overlapping regulations relating to the ownership, financing and redevelopment of residential properties. He developed a due diligence system which allows buyers and lending institutions to confirm the validity and enforceability of apartment building rent rolls using the State's rent registration database. Mr. Kamillatos also assists Mitchell‑Lama property owners to establish the highest possible rent levels after the properties leave the Mitchell-Lama system. He won a groundbreaking appeal to the State's highest court establishing property owners' right to apply for substantial rent increases after Mitchell-Lama regulation ends, KSLM-Columbus Apartment, Inc. v. DHCR, 2005. Additionally, Mr. Kamillatos has represented high profile not-for-profit institutions in redeveloping their institutional real estate for non-profit purposes, including the world renowned Carnegie Hall Corp.
Mr. Kamillatos has lectured as a recognized administrative law expert at the Real Estate Board of New York, the Community Housing Improvement Program, Inc., and at bar association seminars convened by the Association of the Bar of the City of New York and the New York County Lawyers' Association.
Year Joined Firm
- R&E's 2013 In-house Lecture Series: Due Diligence 101, June 5, 2013
- Real Estate Broker Licensing Course (Instructor), Real Estate Board of New York
- Real Property Law Committee (Instructor), Association of the Bar, City of New York
KSLM-Columbus Apartments, Inc v. New York State Division of Housing and Community Renewal, 5 N.Y.3d 303 801 N Y.S.2d 783 (2005).
• Carnegie Hall Corporation - Studio Towers Redevelopment: Represented the Carnegie Hall Corporation as special counsel in connection with the Studio Towers Renovation Project. The project will refurbish Carnegie Hall's backstage areas and create a new Education Wing within existing space of the landmark building as well as an adjacent Roof Terrace. The Education Wing will house Carnegie Hall's education and community programs that currently engage more than 300,000 people around the world annually, including tens of thousands of New York City public school students. In order to complete the Project, we successfully represented Carnegie Hall in various courts to recover possession of studio spaces occupied by commercial tenants. In those cases, the courts upheld Carnegie Hall's legal authority to reconfigure the property under its ground lease with the City. We then successfully pursued an application at the State DHCR, which requested permission to relocate the residential rent controlled tenants. The Studio Towers Renovation Project will fully support Carnegie Hall's non-profit mission-making great music accessible to as many people as possible-helping to ensure that Carnegie Hall remains the premier international destination for the world's greatest artists in the 21st century and beyond.