Matters

Manhattan Development Site Acquisition

Represented XIN Development Group International, Inc. (Xin), in the acquisition and financing of a gas station on the west side -- one of the last remaining ground-up construction sites in Manhattan. Xin, the U.S. subsidiary of Xinyuan Real Estate Co., Ltd, a Chinese public company, intends to create a mixed-use space that will include residential condominiums and ground floor retail space.

Family Office – Louisiana Mortgage Refinancing

Represented a family office in the refinancing of a mortgage secured by property in Baton Rouge, Louisiana.

$66 Million Flushing, Queens Parcel Acquisition

Represented XIN Development Group International, Inc. (“XIN”) in its acquisition of a parcel of land in Flushing, Queens for $66 million. XIN plans to build a mixed-use condominium with ground and second-floor retail on the site of the former RKO Keith Theater.

Bushwick Property Acquisition and Development

Represented Royalton Capital on the acquisition of a three-acre industrial site in Bushwick, Brooklyn. The deal included the structuring of two joint ventures and financing from AllianceBernstein. Plans are to develop the property into a mixed-use office, retail and restaurant space.

Formation of Real Estate Debt Fund

Represented real estate investors in the formation and launch of a real estate fund to originate, acquire and service high-yield loans collateralized by real estate or equity interests in real estate owning entities.

Real Estate Family Business Divorce

Represented a member of a prominent real estate family in a business divorce and estate mediation following the death of the family patriarch, which involved the partition of approximately $500 million in real estate assets previously held by the family-owned business.

Pro Bono – Weston United Community Renewal

Provided pro bono representation to the not-for-profit organization Weston United Community Renewal, which uses its real estate to provide shelters, work-programs and low-income housing for more than 1000 homeless and mentally- and physically-challenged individuals in New York City.

Construction and Mezzanine Loan Workouts

Represented a major real estate owner-operator in workout negotiations involving a series of construction loans with their first mortgage lender as well as several mezzanine lenders. This negotiation involved complicated inter-creditor issues, partnership funding issues, 421a, tax, and attorney general matters.

Second Avenue Subway Development Transaction

Represented an apartment corporation in a complex transaction involving the Metropolitan Transportation Authority's condemnation of portions of the property to make way for the construction of the Second Avenue subway.

Gabreski Airport Lease and Site Development

Represented Rechler Equity Partners on all aspects of their 40-year renewable ground lease to redevelop Suffolk County’s 55-acre Gabreski Airport.

$380 Million National Apartment Complex Acquisition

Represented a joint venture between two major real estate companies in its $380 million acquisition and financing of 52 apartment complexes in 14 states.

Asian Government NYC Headquarters Acquisition

Represented the government of an Asian nation in the acquisition of its main headquarters in Manhattan, including a cultural center.

Tribeca Construction and Mezzanine Financing

Represented a joint venture in obtaining complex construction and mezzanine loans for the development of several high-end residential luxury apartments in New York's Tribeca neighborhood.

Lincoln Square Synagogue Property Exchange

Represented the Lincoln Square Synagogue in a high-profile exchange of property and development rights that enabled the development of the largest new synagogue in Manhattan since the 1920's. This transaction earned the Real Estate Board of New York's "Most Ingenious Deal of the Year" award.