Cohousing-L Mailing List: Re: Legal fees question - do you remember what you paid in total for legal fees?

[Pare Gerou (paregerou]

Thanks so much John,

And a big congratulations on almost completing your build!  Nine years is a
lot, and so were the legal fee, but it will be all worth it! in just a
short while.  I appreciate you sharing this info.

Pare Gerou

On Thu, Jul 14, 2022 at 7:26 AM John Pustell via Cohousing-L <
cohousing-l [at] cohousing.org> wrote:

> Pare -
>
> We (Bay State Cohousing) are just finishing building a 30 unit condo in an
> urban setting near Boston.  Total project cost almost $19 million
> (originally hoped to be a $12 million project).  It's been a 9 year process
> and we did have some permitting issues so spent twice as much on that as
> planned. (we had two lawyers - a local in town person for permitting and a
> general matters lawyer for everything else)
>
> Total costs
> $94,000 for legal
> $97,000 for permitting.
>
>
>
> -----Original Message-----
> From: Cohousing-L
> [mailto:cohousing-l-bounces+jpustell=verizon.net [at] cohousing.org] On Behalf
> Of
> Pare Gerou
> Sent: Tuesday, July 12, 2022 7:18 PM
> To: cohousing-l [at] cohousing.org
> Subject: [C-L]_ Legal fees question - do you remember what you paid in
> total
> for legal fees?
>
> Hello!
>
> Greek Village Cohousing group just returned from our 3rd trip to the land
> for design and other workshops.  We were so fortunate to have Raines and
> Betsy join us.  We are enjoying the ride and moving forward at an exciting
> pace.
>
> We are currently working through our MOU in preparation for the formal
> contract with the developers, and we have made some pioneering legal
> ownership choices in order to qualify for subsidies.  We are now ready to
> have our attorney go over the MOU we have negotiated and write up the
> developer contracts to sign.   We are signing a retainer for these legal
> services, and I would like to offer a fixed fee rather than per hour.
>
> So- my question is- do any of the newer communities remember how much they
> paid their attorneys in total?  No worries about whether it included the
> filing fees, zoning permit, and other non contract work, just a total for
> legal services start to finish is what I am after.
>
>
> Kind Regards,
> PARE GEROU
> Greek Village Cohousing
> T. +1 (434) 962-7801
> A. Peloponnese
> W. www.GreekVillageCohousing.com
> <http://www.greekvillagecohousing.com/>
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