United States:
Pryor Cashman Clients Close Two Of This Week's Largest Real Estate Deals In NYC
14 February 2019
Pryor Cashman LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Pryor Cashman's nationally-recognized Real Estate Group
advised on two of the largest real estate transactions
completed in New York City this week.
In one deal, the Group represented affiliates of Silverback
Development and AEW Capital Management in connection with their acquisition and financing of the residential
component of 24-16 Queens Plaza South in Long Island City. The
property was purchased from Greystone Development. Wayne Heicklen, co-leader of the Real Estate
Group, Partner Danielle Schechner and Associate Ari Tran advised on the transaction.
Additionally, Barry Landsman represented the buyer of a $32
million residential condo unit at newly-built 520 Park
Avenue in Manhattan.
News of the deals was also reported in Law360's
"NYC Real Estate Week in Review."
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Real Estate and Construction from United States
Exiting Commercial Real Estate Joint Ventures
KI Legal
Exiting a commercial real estate joint venture can be a complex process that requires careful planning and execution. Exiting a joint venture requires a thorough understanding...
Beyond Closing: The Power Of A Gap Indemnity
Dickinson Wright PLLC
In a typical real estate transaction, there's often a critical period between the closing and the official recording of documents—a period aptly known as the "gap."
5 Trends To Watch: 2024 Florida Real Estate
Greenberg Traurig, LLP
Following last year's implementation of Florida's Live Local Act, which aims to increase the supply of affordable housing statewide, we expect to see developers look to take advantage ...
Beware Of Bogus Construction Back Charges
The Cromeens Law Firm
Recently, I have had several cases where my clients were being assessed large back charges on commercial projects. Only to find out, after a little digging, the evidence relating...