Herrick successfully represented the purchaser of a condominium unit in a dispute over a time of the essence closing date. In the order, the Judge granted our motion for summary judgment in its entirety by determining that the seller breached the...
Clear Results
Represented the condominium board of the Beekman East, a 141-unit condominium in midtown Manhattan, in a hoarding case against a shareholder for breach of contract and various equitable relief. The board was granted a preliminary injunction...
Represented Cohere Cyber Secure, a provider of cyber security and risk assessment services, in the sale of substantially all of its assets to Dataprise, a provider of managed IT, cybersecurity and cloud solutions.
Represented a private real estate investor actively involved in the multifamily space in the closing of three preferred equity investments in multifamily properties located Texas and California.
Represented a major university as landlord in connection with a sublease of a dormitory building in Manhattan.
Represented Isik Plastik, a Turkish publicly traded company and a leading manufacturer of thermoformed food packaging and industrial plastic sheet products, in its acquisition of a US-based manufacturer of polycarbonate and other plastics products.
Represented Centennial Bank on a $30 million mortgage loan financing the acquisition of a development site for a mixed use project outside of an urban center, which included mezzanine debt, preferred equity and a crowdsourced equity...
Represented a university as landlord in connection with the extension and amendment of a lease to a national chain of neighborhood grocery stores, with respect to property located in Manhattan.
Represented a leading internet horse racing account wagering operator in formation of joint venture with major European gambling software engineering firm to develop technology and software that facilitates the operation of computerized advance...
Represented the Charles F. Parker Revocable Trust and its affiliate in connection with the acquisition of a building in Dumbo located at 216 Plymouth Street, Brooklyn, New York, which took approx. two years of negotiations with the relevant...
Represented Valley National Bank on a $252 million syndicated construction loan for a property located in Coney Island, Brooklyn. The planned development includes a three tower complex with 499 luxury rental units, 38,276 square feet of street-level...
Represented a leading apparel company and its majority shareholders in a cash out merger dispute with its former minority shareholder. The minority shareholder filed an action in New York State Supreme Court to rescind the merger, alleging that the...
Represented Legends in connection with potential joint venture with a provider of a no-code platform that provides a non-fungible token (aka NFT) wallet, access to multiple blockchains, tokenization and utility-driven smart contracts to empower...
Advised a leading internet horse racing account wagering operator as to the legality of conducting advance deposit wagering (“ADW”) activities in the 50 states and D.C. ADW is a form of pari-mutuel wagering on horse racing...
Represent a global real estate brokerage firm in a breach of contract dispute. In this matter, the brokerage firm contracted to the be the exclusive agent in the sale of multiple properties in New York City. Herrick’s client brought...
Represented the Sabet Group in the acquisition of 224 & 228 Eighth Avenue, a 44-unit apartment building spanning 30,075 square feet in Manhattan.
Represented a New York City owner/operator as part of a joint venture with an investment fund entity in a $130 million refinance of a loan secured by a multi-state portfolio of over 20 commercial-use properties. Herrick advised our client in its...
Represented KABR Group in connection with its investment in a joint venture acquiring a 166-unit residential building plus additional air rights on Manhattan's Upper West Side.
The New York State Division of Human Rights issued a finding of no probable cause and awarded a complete dismissal of claims in favor of the property manager, finding that the tenant was not subject to housing-based discriminatory practices related...
Represented a private lender in a $51 million condominium inventory loan in New York City’s Financial District.
Herrick is currently representing a major utility in connection with its acquisition of property via eminent domain in Brooklyn. Herrick has handled this proceeding from its inception, including owner and tenant outreach, conducting the public...
Herrick is currently representing various owners and developers whose properties have been slated for eminent domain acquisitions by the MTA for the expansion and development of the Second Avenue Subway. Phase 2 of this project extends service north...
Representing secured and DIP lenders in the bankruptcy of real estate developer and hotelier, Urban Commons 2 West LLC and certain affiliates (“Urban Commons”), which defaulted on hotel loans during the COVID-19 pandemic and filed for...
Represented William Macklowe Properties in connection with a large supermarket lease to German retailer LIDL for their new ground-up development in Park Slope, Brooklyn.
Represented Cristo Rey Brooklyn High School in the acquisition of its Brooklyn campus from the Sisters of Mercy. The campus consists of a 54,000 square foot school and a 22,000 dormitory.
Represented BHI in the sale of its $80 million loan secured by a New York City hotel to an investor group headed by an Israel-based private equity firm. In connection with the sale, BHI provided the firm with $57 million in note on note financing.
Represented a developer in connection with a $35.75 million financing secured by a recently completed multi-family project located in a New Jersey Qualified Opportunity Zone.
Represented Valley National Bank on a $140,350,000 syndicated construction loan to a subsidiary of El Ad Group, a major international development company. The proposed 32 story project consists of 42 residential luxury condo units located in the...
Represented the Center for Safe Internet Pharmacies (CSIP), a non-profit organization that addresses the global problem of consumer access to illegitimate pharmaceuticals from illegal online pharmacies and other sources. CSIP was named as a...
Represented Milwaukee Bucks co-owner, Marc Lasry, in the sale of his 25 percent stake in the team to Cleveland Brown owners Jimmy and Dee Haslam. According to ESPN, the transaction struck at a $3.5 billion valuation was the second highest...
Represented a university in connection with a nearly $100 million acquisition of a commercial building in Manhattan.
Represented potential owner of expansion team of professional soccer team in North America. Provided advice regarding the application process and provided analysis of franchise agreement and potential conflict issues.
Represented Chairman and President of a leading professional services firm that specializes in real estate and investment management firm in connection with his employment agreement.
Represented shareholders in multi-million-dollar sale of assets of an independent medical examination provider (IME). The IME serves insurance carriers, employers, and third-party administrators, to leading provider of IMEs, peer...
Represented a private lender in a $60.5 million condominium inventory loan in Long Island City, Queens.
Representing a condominium board with respect to construction defect claims against sponsor and principals. The case is Board of Managers of 252 Condominium v. World-Wide Holdings Corp., et al. (N.Y. Sup. Ct.).
Representing shareholders of global logistics company in defense of oppression and related claims. This case is Estate of Stile v. C-Air Customhouse Brokers-Forwarders, Inc. et al. (N.Y. Sup. Ct.).
Serving as co-counsel to defendant in contract dispute. Successfully defeated motion to remand case to state court. The case is Viridian Resources v. Vale Canada (D.N.J.).
Successfully resolved a dispute on behalf of a national cleaning solutions company in connection with trade secret misappropriation and breach of restrictive covenant claims.
Representation of privately owned real estate investment and advisory firm, as managing member of programmatic joint venture with value-oriented REIT focusing on investment in institutional quality real estate to acquire and operate medical...
Represented Legends in its investment in, and business partnership with, a premium omni-channel food tech platform that operates food halls in metropolitan areas and licenses various culinary brands, in negotiating and drafting an investment...
Represented cinematic production resource company, as borrower, in connection with a loan from private equity firm that partners with middle market companies.
Represented an accredited fully online design college in its acquisition by a venture capital firm specializing in higher learning opportunities.
Represented Las Vegas Grand Prix, Inc., a subsidiary of Formula 1 owner Liberty Media Corporation and the promotor of the Formula 1 Las Vegas Grand Prix, in its sponsorship agreement and partnership with Aristocrat Technologies, Inc., a leading slot...
Represented The Community Preservation Corporation in a joint venture with Camber Property Group to acquire Morris Heights Mews, a 100 percent affordable property in The Bronx, for $29 million, which will preserve and extend affordability for 111...
Represented Sumitomo Mitsui Trust Bank as lender in connection with an acquisition and construction loan of approx. $76 million to a developer who plans to demolish an existing retail strip center and build an approximately 12 story, 209-unit market...
Represent the Pac-12 Conference in an insurance dispute in connection with a charge brought by the National College Players Association claiming that the Pac-12 Conference and the USC are violating the National Labor Relations Act by refusing...
Herrick represented D.C. United in its agreement with Attain Sports & Entertainment to sell a controlling ownership stake in United Soccer League (USL) Championship club Loudoun United FC (LUFC).
The founding of Loudoun United FC as the first...
Retained by public company to investigate potential illegal short selling of company's stock.
Representing debtor in chapter 11 proceeding involving the William Vale Hotel, a luxury hotel in Brooklyn.
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