Recent Transaction Archive 2015
Windsor, Connecticut: Represented a major financial institution as Landlord leasing space in a suburban office park.
(Closed: 2015/2016)
Rosenberg & Estis, P.C.
Raleigh, North Carolina: Represented a major financial institution as landlord in multiple lease transactions in a suburban office park.
(Closed: 2015/2016)
Rosenberg & Estis, P.C.
New York, New York: Represented an international real estate company in its leasing of space in various buildings in midtown Manhattan.
(Closed: 2015/2016)
(Rosenberg & Estis, P.C. Team: Jason R. Davidson.
Tenth Avenue, West Chelsea, NY: Served as lead counsel representing the purchaser in connection with a $26.5 million acquisition and $12 million financing of multifamily rental property on Tenth Avenue in Chelsea to complete a multi-property tax-deferred exchange.
(Closed: October 30, 2015)
(Rosenberg & Estis, P.C. Team: Larry R. Mergentime, Patricia D. Cleary.
Nassau County, New York: Served as lead counsel representing the EB-5 lender in a $100 million construction loan for the renovation and rehabilitation of the Nassau Coliseum.
(Closed: October 30, 2015)
(Rosenberg & Estis, P.C. Team: Eric S. Orenstein.
Park Slope, Brooklyn, NY: Served as lead counsel representing the property owner/developer in connection with a $30 million acquisition and $23.5 million financing of four mixed-use buildings in Park Slope, Brooklyn.
(Closed: October 27, 2015)
(Rosenberg & Estis, P.C. Team: Eric S. Orenstein.
Long Island City, New York: Represented family real estate office in the acquisition of an office building in Queens, New York.
(Closed: October 2015)
Rosenberg & Estis, P.C..
Greenwich, Connecticut: Represented purchaser of a 51% tenancy-in-common ownership interest in connection with a $30.5 million acquisition and $25 million financing of a boutique office building in downtown Greenwich.
(Closed: August 18, 2015)
(Rosenberg & Estis, P.C. Team: Larry R. Mergentime and Patricia D. Cleary.
Melville, New York: Represented a major financial institution in the sale of a suburban multi-tenanted office building.
(Closed: July 2015)
Rosenberg & Estis, P.C.
New York, New York: Represented a family office in the sale of development rights in Manhattan.
(Closed: June 2015)
(Rosenberg & Estis, P.C. Team: Eric S. Orenstein.
Hotel X, Toronto, Canada: Represented Henry Kallan in connection with a ground lease from the city of Toronto, a joint venture agreement and a $100 million construction loan for Hotel X in Toronto. The high-rise hotel will have approximately 400 rooms and resort-like amenities.
(Construction Loan Closed: May 26, 2015)
(Rosenberg & Estis, P.C. Team: Dennis I. Hellman and
1944 and 1973 Southerland Drive, Nashville, TN: Represented Kaufman & Jacobs in the acquisition and financing of net leased industrial property in Nashville, Tenn.
(Closed: May 14, 2015)
(Rosenberg & Estis, P.C. Team: Dennis I. Hellman.
Midtown and Downtown Manhattan, New York, NY: Represented four different clients in construction management agreements with six different construction managers for eight projects of various sizes. The projects included ground-up developments and interior fit-outs, ranging from several million to several hundred million dollars in value.
(Closed: May 2014 – May 2015)
(Rosenberg & Estis, P.C. Team: Robert M. Kessler, Janna Rosenberg.
Boca Raton, Florida: Served as lead counsel representing the EB-5 lender in a $96 million construction mezzanine loan for a mixed-use (retail/hotel) project in Boca Raton, Florida.
(Closed: April 31, 2015)
(Rosenberg & Estis, P.C. Team: Eric S. Orenstein>.
Brooklyn, New York: Represented a bank in a construction loan for a housing development in Williamsburg.
(Closed: April 2015)
(Rosenberg & Estis, P.C. Team: Richard L. Sussman.
Brooklyn Heights, NY: Served as lead counsel representing the lender in a $34.5 million fee and leasehold mortgage loan for the acquisition of a mixed-use (office/retail) development site located in Brooklyn Heights, New York.
(Closed: February 26, 2015)
(Rosenberg & Estis, P.C. Team: Eric S. Orenstein.
515 E. 71 st Street, New York and 516 E. 72 nd Street, NY: Represented Cornell University in the net lease of a building on East 71 st Street and East 72 nd Street in Manhattan and sale of a leasehold condominium unit to The Hospital for Special Surgery. The effort required the negotiation and drafting of a net lease and documents for creation and sale of a leasehold condominium, including addressing complex issues that included structuring the transaction for tax efficiency, responsibility for building improvements, operation and use of shared facilities, reciprocal rights and options for purchase and sale of units, use of excess development rights, and condominium governance.
(Closed: January 8, 2015)
(Rosenberg & Estis, P.C. Team: Robert M. Kessler and Frank E. Chaney )
1801 K Street N.W., Washington, D.C.: Represented Somerset Partners in the $450 million sale of a trophy office building with ground-floor retail space at 1801 K Street N.W. in Washington, D.C.
(Closed: January 8, 2015)
(Rosenberg & Estis, P.C. Team: Dennis I. Hellman and Arielle Frost.
325 Lafayette Avenue, Clinton Hill, Brooklyn, NY:
Represented a family in connection with a joint venture with a major development group with regard to a property owned by the family in Brooklyn. The site will be developed into a 200-plus unit rental apartment building with retail/community facility space.
(Closed: January 2015)
(Rosenberg & Estis, P.C. Team: Richard L. Sussman and Arielle Frost.