Matters

$131 Million Manhattan Development Site Sale

Represented Rabina Properties LLC in the $131 million sale of a development site consisting of six properties in Manhattan's NoMad neighborhood. The sale also included additional Inclusionary Housing benefits and an investment by our client in the acquiring entity.

$19 Million Manhattan Apartment Building Acquisition

Represented Sabet Management in the $19 million acquisition of the residential apartment building 92 Second Avenue, with acquisition financing supplied by Signature Bank.

Empire State Realty Trust – $40 Million Condominium Refinancing

Represented Empire State Realty Trust in a $40 million refinancing of two commercial condominiums located at 1010 Third Avenue and 77 West 55th Street in Manhattan.

$335.7 Million Mortgage Loan to Connecticut Real Estate Firm

Represented a major national bank in a $335.7 million mortgage loan to a Connecticut based commercial real estate firm.

G4 Capital – $26 Million Brooklyn Acquisition Loan

Represented an affiliate of G4 Capital Bridge, LLC in a $26 million leasehold acquisition loan financing to 285 Schermerhorn LLC in Brooklyn.

$90 Million Bank Leumi Construction Loan

Represented Bank Leumi USA in a $90M construction loan to a subsidiary of ASRR Capital Ltd., a publicly-traded Israeli company, for the development of a 12-story luxury condominium tower in Surfside, Florida.

Empire State Realty Trust – $35 Million White Plains Refinancing

Represented Empire State Realty Trust in the $35 million refinancing of its property located at 10 Bank Street, White Plains, New York.

Refinancing of Mixed-Use Property Portfolio

Represented a developer in the $50 million refinancing of a nine-property portfolio of mixed-use Manhattan buildings.

Empire State Realty Trust – $30 Million Connecticut Refinancing

Represented Empire State Realty Trust in a $30 million refinancing of commercial property located in Norwalk, Connecticut.

$57 Million Long Island City Development Site Sale

Represented Vernon Realty Associates in the $57 million sale of two Long Island City development sites to an affiliate of Criterion Group.

Manhattan Commercial Condominium Sale

Represented a real estate LLC in the sale of the commercial condominium unit at 205 Bleecker Street to two affiliates of Infinity Real Estate, LLC.

Sale of Washington Heights Multifamily Portfolio

Represented Yeshiva University in the sale of a portfolio of ten multifamily properties in the vicinity of its undergraduate campus in Washington Heights. In addition to the sale of the buildings, the transaction included multiple leasing arrangements between Yeshiva University and the buyer, to provide Yeshiva University with the opportunity to continue renting apartments to students and faculty.

Joint Venture Acquisition of Hotel Assets and Properties

Represented an affiliate of the Bauhouse Group in a joint venture acquisition from affiliates of Lehman Brothers Holdings Inc. of the assets and business of NYLO Hotels LLC; and three NYLO Hotel properties located in Texas and Rhode Island.