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."