Bronx Preparatory Charter School obtains land from the City of New York to construct a school building that will house up to 600 students
Clients Bronx Preparatory Charter School
Jones Day represented the Bronx Preparatory Charter School in the purchase option for school land from the City of New York, which included some complex tax structuring and real estate advice. Bronx Preparatory is a charter school located in the South Bronx that prepares underserved middle and high school students for higher education, civic involvement, and lifelong success through a structured, caring environment of high academic expectations. Jones Day also assisted Bronx Preparatory in obtaining tax exempt status from the City of New York, negotiating and drafting agreements for construction management and architectural services, and advising on the construction of a school building to house up to 600 students.