Conversion of SRO to one-family
Hi – can someone offer advice about converting an SRO (considered commercial) to a one-family (residential) in terms of the bureaucratic procedure? My lawyer tells me that an architect & expetitor must advise me on this, but if the house currently has a certificate of non-harassment then, I should be able to change the designation, remove it from rent stabilization and the certificate of occupancy would be amended.
Do I need an architect involved in this process, even if I don’t plan to currently make any renovations to the building?
Does this conversion have positive tax implications (commercial to one-family)?
Any other advice/recommendations?
