Valley National Bank – $140 Million Syndicated Construction Loan for Manhattan Luxury Condo

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 Upper East Side. Herrick was also responsible for negotiating an intercreditor agreement with the B-piece lender as well as a recognition agreement with the preferred equity lender.

Publication

Herrick’s Long and Proud Tradition of Pro Bono Work

Louis Goldberg and Janice Goldberg, partners and co-chairs of Herrick's pro bono committee, discuss Herrick's long and proud tradition of providing pro bono services to the community.

Firm News

Herrick Congratulates Milwaukee Bucks Co-owner, Marc Lasry, on the Recent Sale of Stake in the Team

Herrick, Feinstein LLP congratulates Milwaukee Bucks co-owner, Marc Lasry, on the recent sale of his 25 percent stake in the team to Cleveland Brown owners Jimmy...

Firm News

BTI Litigation Outlook Recognizes Herrick as Litigation Standout

This report covers industry trends and ranks law firms based on in-depth interviews with legal decision makers responsible for litigation.

Firm News

Herrick Nabs Restructuring Veteran Robert D. Gordon

Robert Gordon Becomes Latest Addition to Herrick’s Restructuring & Finance Litigation Team.

Firm News

NYC’s New Housing Production Tax & Zoning Incentives

Herrick's client alert with key takeaways from the NYS 2025 Budget which contains significant changes to New York’s housing laws.

Firm News

Legally Israel 100 – IsraelDesks League Tables 2024

We are proud to be ranked in "Legally Israel 100 - Israel Desks League Tables" for 2024 for the fourth year in a row.

Firm News

Belinda Schwartz on Why Lawyers May Prefer a Midsize Firm

Schwartz sat down with Above the Law to discuss the immediate benefits associates find at a midsize firm as opposed to a Biglaw firm.

Firm News

2023 Chambers USA Recognizes Herrick’s Real Estate, Litigation, Restructuring and Sports Practices and Lawyers for Excellence

We are proud to announce that Chambers USA has ranked Herrick’s real estate, commercial litigation, real estate litigation, sports law and zoning/land use practices for distinguished client service.