Navigating the increasing complexity of real estate transactions and nuances of the New York City market requires expertise beyond the realm of traditional real estate practices; one that is based on innovation and experience. The key to successful real estate outcomes is having the guidance of an experienced attorney who can deliver results. Romer Debbas, LLP has provided countless clients with creative solutions to complex and seemingly unsolvable real estate matters.
Represented Seller of $7,775,000.00 Townhouse Which Came with 99 Year Lease to Outdoor Space
In January 2019, the firm represented a seller of a Manhattan townhouse for $7,775,000.00. The townhouse came with an assignment of a 99 year lease for outdoor space from an adjoining property. The parties also completed an assignment of Seller’s mortgage to Purchaser’s lender resulting in a savings to the parties of over $30,000.00. This... Read More
Represented Purchaser of $17,000,000.00 new development condominium unit at 520 Park Avenue.
In December 2018, we represented a purchaser of a condominium unit at 520 Park Avenue for $17,000,000.00. The client was concerned with anonymity in making the purchaser and we were able to structure their ownership with utilizing multiple entity layers resulting in their names not being published; while still complying with the U.S. Treasury... Read More
Represented Purchaser of Record Setting $37,200,000.00 Townhouse in Greenwich Village
In July 2018, we represented a prominent client in connection with the acquisition of a recently redeveloped townhouse for the sum of $37,200,000.00. This was a record setting deal for downtown Manhattan. In connection with this acquisition, we also created an entity structure for the client to suit their needs and situation. This matter... Read More
Represented Seller of Four Commercial Building Portfolio for $57 million
In November of 2017, we represented the seller of four (4) building commercial portfolio. All properties were located within New York City and sold for a collective sum of $57,000,000.00. This matter was handled by Guy Arad, Esq.
Closed $38 Million Commercial Loan for Private Bank Secured by Four (4) Properties in Brooklyn
In January 2018, Romer Debbas LLP closed a $38 million commercial credit facility on behalf of a private lending institution. This loan was secured by four (4) commercial properties in Brooklyn, New York. This transaction was handled by Louis Sherman, Esq. and Alison Weisman, Esq.
Represented Co-op Building in Connection with Underlying Mortgage Refinance ($1,620,000.00 1st & $500,00.00 2nd)
In February 2018, we assisted our client 44-46 West 65th Street Apartment Corp in connection with their refinance of its underlying building mortgage with National Cooperative Bank. The building successfully obtained a $1,620,000.00 first mortgage and $500,000.00 second. This matter was handled by Richard Klein, Esq.