Boston-Based Real Estate Firm Finalizes $63M Deal for Chelsea Sites

April 2, 2021 – Media Mention
Crain's New York Business

Herrick and Real Estate partner, Sheldon Chanales, were mentioned in an article by Crain's New York Business discussing how Boston-based real estate firm The Davis Companies bought two Chelsea properties for $62.5 million.

The article states, "The Davis Companies purchased part of 155-165 W. 29th St. last March for $26 million, and the company completed its purchase on March 25, buying the remaining interest in the property for $36.5 million, records show. The property was previously owned as a co-tenancy between two branches of an extended family, according to Herrick Feinstein attorney Sheldon Chanales, whose firm worked with the family."

Read the full piece in Crain's New York Business here. Access may require a subscription.