Matters

$320 Million Woolworth Building Refinancing

Represented the owner of the office condominium portion of the Woolworth Building, a joint venture between the Schron family and Steve Witkoff, in a $320 million refinancing from Blackstone.

$38 Million Brooklyn Construction Loan

Represented 237 Duffield Street LLC in a $38 million construction loan made by Principal Life Insurance Company.

Manhattan Development Site Acquisition

Represented a Beijing-based developer in the acquisition and financing of a gas station on the west side -- one of the last remaining ground-up construction sites in Manhattan. The developer intends to create a mixed-use space that will include residential condominiums and ground floor retail space.

9 Bruckner Boulevard Acquisition and Financing

Represented an affiliate of Somerset Partners in the $7.5 million acquisition and financing of 9 Bruckner Boulevard in the South Bronx.  The industrial site will be converted into a 30,000 square-foot food hall, to be known as Bruckner Market.  The property is situated opposite of Somerset’s planned residential development project along the South Bronx waterfront.

$12.5 Million Asphalt Plant Purchase

Represented Peckham Industries in the purchase of a Canal Asphalt Inc. plant located in Mt. Vernon, New York. The $12.5 million sale was the result of a bankruptcy auction in early 2016.

$26 Million Joint Venture for Inwood Property

Represented the Fruchthandler family in a $26 million joint venture acquisition of a mixed use building in upper Manhattan.

Beijing-Based Developer – $108 Million Construction Loan for Manhattan Gas Station Conversion

Represented the developer in a $108 million construction loan from Bank of the Ozarks for 615 10th Avenue — a former gas station to be converted to a seven-story, mixed-use property.

Rabina Properties – Amazon Fulfillment Center

Represented Rabina Properties in the financing and development of an 855,000 square-foot fulfillment center for Amazon in North Haven, CT.

Sale of Four Multi-family Properties in the Bronx

Represented the family of Abraham Greenspan in the sale of four multi-family properties with 250+ units in various neighborhoods in the Bronx, NY.