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Primary Practice Areas


Commercial Real Property

Business and Corporate Law

Estate Matters

Bohdan (“Bud”) S. Kosovych has dealt with corporate, business and commercial real estate matters nationwide, including complex property sales and purchases and the real estate aspects of corporate acquisitions and divestitures.  His experience includes ground leasing, retail, office, and warehouse leasing and subleasing transactions for spaces ranging from the smallest to “big box” stores over 100,000 square feet, on behalf of both landlord and tenant entities, as well as shopping center development and commercial condominium work, construction contracts, matters involving the Americans with Disabilities Act and environmental issues, and work on not-for-profit matters. 

In 1998 he participated in the negotiation and documentation of the largest ground/space lease transaction in the history of New York City, for 1.6 million square feet, which included separate real estate transactions within the building and the refurbishment of the entire building consisting of demolishing the interior to the steel frame and complete rebuilding of the outside, the curtain wall, and the interior.  Mr. Kosovych has been general counsel to a corporation and its several subsidiaries and affiliates, and he helped to restructure the company to make it more viable and to shepherd it through a sale process which resulted in a substantial profit to the owner.

Mr. Kosovych brings both legal and business experience to his transactional work. He was Associate General Counsel and Assistant Secretary at the Woolworth Corporation, with which he was associated for fifteen years. His duties there included instruction at in-house seminars for company real estate personnel.  He has also practiced in the real estate department of large and boutique law firms.  He opened a solo practice in 2011 and continues to represent clients in corporate, business, and commercial real estate matters. Prior to studying law, he was a real estate salesperson, and he worked for a commercial and residential property management company in Manhattan and for the American Arbitration Association.

Mr. Kosovych was an infantry company commander, battalion adjutant, and acting Judge Advocate General officer in the New York Army Reserve National Guard.  He enjoys the company of his wife, three daughters, and a grandson, together with two dogs, Rex (a pointer) and Socrates (an Australian Shepherd), and a rescued black cat, Creeper.

Mr. Kosovych understands, through life experience, that clients’ legal needs do not arise separately from the other aspects and concerns of their lives. In his legal work, therefore, he aims to advise clients, structure their legal transactions, and achieve successful results in a way that helps to reduce the stress and anxiety that can often accompany dealing with legal challenges, to foster a more positive experience in resolving such challenges. He is particularly concerned for people and organizations who are facing situations that could threaten their livelihood or the well-being of the organization, and he is prepared to assist them in finding solutions and taking action to implement them.

 

EDUCATION

Fordham University School of Law (J.D. 1981)

Richmond College, City University of New York (B.A. 1970)

 

ADMITTED TO PRACTICE

State:  New York

Federal:  Southern and Eastern Districts of New York

 

PROFESSIONAL ASSOCIATIONS

New York State Bar Association

 

COMMUNITY INVOLVEMENT

Member of the North Shore Rotary Club, Staten Island, NY.  Past President twice. Recipient of the Paul Harris Fellow award.

Member of the Benevolent and Protective Order of Elks, Lodge 841, Staten Island, NY. Past President.

 

PUBLICATIONS AND INSTRUCTING

Mr. Kosovych has authored the following articles in Commercial Leasing Law and Strategy: “The Bankruptcy Default Clause,” (October 1990); “Deciding Your Subtenant’s Fate,” (May 1991); “A New Lease by Any Other Name Is Still a New Lease,” (September 1991); and “How to Properly Handle Issues of Initial Possession,” (July 1993).  He has authored the Lease Brokerage chapter in the treatise Negotiating and Drafting Office Leases, by John B. Wood, Esq. and Alan M. Di Sciullo, Esq. (Law Journal Press), to which he has also contributed periodic updates.  During the period of his work at the Woolworth Corporation, Mr. Kosovych participated in annual law conferences of the International Council of Shopping Centers, and at several conferences he was a speaker, panel member, and chair of discussion groups on various real estate subjects.  He has participated as an instructor at commercial leasing programs at the Practicing Law Institute in Manhattan.  He is qualified to teach real estate qualifying and continuing education courses pursuant to the regulations of the New York State Department of State.

Mr. Kosovych speaks Ukrainian and has familiarity with other Slavic languages.