Kearns Quoted in City Realty Regarding the Power of Air Rights in New York City
March 1, 2016
Olshan Real Estate partner Thomas Kearns was quoted in the City Realty article titled “Understanding the Power of Air Rights”. The article explains how landowners can sell their unused air space to adjacent lots. Kearns gives his expertise on the issue and brings attention to the fact that “since the regulation state that the lots only have to touch for 10 feet, ‘it’s like putting pieces of a puzzle together. You can be really creative the way you snake your way around the block”.