Matters

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.

$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.

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.

Manhattan Development Site Acquisition

Represented 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.

$38 Million Brooklyn Construction Loan

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

$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.

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.