Real Estate & Tax Abatements
In the area of real estate, the experience of Karol & Karol is extremely varied and comprehensive.
We have handled the most sophisticated forms of development and financing, including sale-lease backs, multiple property like-kind exchanges, equity-participation financing, ground leases and other complex leasing arrangements. We are also well versed in title and regulatory matters. We have represented clients in the acquisition and development of both vacant land and major commercial developments, negotiated construction contracts, assisted with the remediation and development of environmentally contaminated properties and handled conservation and historic preservation restrictions.
We represent major real estate developers, retail chains and public companies leasing substantial amounts of real estate. We also represent institutional and private lenders, smaller developers, property managers, condominium associations and other real estate concerns.
We have successfully obtained significant tax abatements on many types of real estate, including shopping center, factories, office buildings, hotels and vacant land. We diligently prosecute the abatement process from the local assessors office to the Supreme Judicial Court if neccessary.
