Kornblum, Gumersell, Weissman, Feuer and Panagopoulos Represent Investor Group

October 31, 2017 | Real Estate, Zoning & Land Use

Yaron Kornblum, Walter Gumersell, Stephen Weissman, Scott Feuer and John Panagopoulos represented a group of investors in the acquisition of membership interests in two properties on York Avenue in Manhattan.  As part of this complex transaction, the investors and the owner of an adjacent property located on 83rd Street entered into a Master Purchase Option Agreement and a Right of First Refusal Agreement which granted the investors the right to purchase, alternatively, fee title to or development rights in the 83rd Street property, or a preferred equity position in the owner of the 83rd Street property.

 

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