Goldstein Hall » A Model Worth Copying: Joint Ownership Structures for CDCs

Lemle & Wolff recently completed the acquisition and revitalization of a large distressed portfolio in the South Bronx. It was one of the most challenging projects in the firm’s 75-year history. Goldstein Hall helped us devise creative solutions for this effort. For five years, they were an integral part of our successful redevelopment team.

-- Michael Sturmer
Lemle & Wolff

April 23, 2019
A Model Worth Copying: Joint Ownership Structures for CDCs

The JOE NYC, a consortium of CDCs that have pooled their portfolios and expertise, is a blueprint that can help CDCs in other cities and regions shore up their stability in challenging markets and gain ground against the national affordability crisis. In an in-depth article for The Journal of Affordable Housing and Community Development Law, attorneys David Goldstein and Jason Labate offer a case study of the Joint Operating Entity NYC (JOE NYC), which LISC has supported from its inception.