Real Estate

The firm handles residential buy/sells to more complex commercial transactions. Craco & Ellsworth represents purchasers, sellers, developers, lenders, landlords and tenants.

Commercial: Craco & Ellsworth, LLP represents clients in the transfer, development and leasing of commercial (office, retail and industrial) property. Investors, users, developers, landlords and tenants rely on our expertise in the areas of entity formation, suitability of use, acquisitions, title and lending. 

Residential: The office has developed a system which promotes an efficient transfer of title. The attorneys and legal staff guide our clients through the process of contract negotiations, title search, financing (if requested) and closing. Our attorneys and staff keep in mind that the sale or purchase of a home is often the most important event in the clients life. Our staff attempts to reduce anxiety by keeping the client informed at every stage.

Leasing: Our Office prepares and negotiates all varieties of leases for the use of commercial property. We represent landlords and tenants, large and small, negotiating leases for office, retail and industrial uses. Our experiences in litigating lease disputes is helpful in addressing issues that most frequently deteriorate into disputes during the lease negotiating process.

Commercial Landlord Tenant Proceedings:

Nothing is more frustrating to a commercial real property owner than tenants who are chronically delinquent in the payment of rent. The strongest business plans can be derailed by the non-paying tenant, who then fails or refuses to vacate upon landlord's demand. Often, transactional law firms who handled the purchase or leasing of properties are not inclined, or able, to efficiently bring summary proceedings for eviction under the New York Real Property Action and Proceeding law.

Craco & Ellsworth is experienced in the prompt prosecution of summary proceedings on behalf of commercial landlords, in the court of New York City and Long Island. Large national commercial real estate companies and Investment Trusts have used our firm as a high quality, cost effective option when seeking to quickly terminate a tenancy and re-take possession.