Recent News - John Panagopoulos


Real Estate Transactions for May
May 20, 2022 | Real Estate

Yaron Kornblum, Marie Landsman and John Panagopoulos represented the purchaser in the acquisition and finance of a portfolio of buildings located in Hell’s Kitchen. The aggregate purchase price was $13.5 million and was financed with a $10 million mortgage given by Dime Community Bank.

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Real Estate Transactions for April
April 15, 2022 | Real Estate

On April 8, John Panagopoulos represented the developer of a new construction dwelling located at 84A Greenlawn Road, Huntington, NY, for a purchase price of $2.1 million.

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Real Estate Transactions for March
April 5, 2021 | Real Estate

On March 12, 2021, Yaron Kornblum and John Panagopoulos represented BF 227 Limited Liability Company and BBM Chocolate Distributors Ltd. in the refinance of the property located at 16 Old Bloomfield Avenue, Pine Brook, NJ. The loan amount was $5 million, along with a $2 million line of credit from Bank Hapoalim, B.M.

On March

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Panagopoulos Represents Seller in Sale of Residential Home
December 8, 2020 | Real Estate

On November 23, 2020, John Panagopoulos represented the seller in the sale of a residential home located in Lawrence, NY, for a purchase price of $6.65 million and negotiated an eight month seller’s Post-Closing Occupancy Agreement.

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Feuer, Epstein, Simensky and Panagopoulos Represent Owner of Medical Office Building in $13 Million Refinance
September 29, 2020 | Real Estate

Scott Feuer, Harvey Epstein, Sean Simensky and John Panagopoulos represented the owner of a Great Neck medical office building in the $13 million refinancing of the property.

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Real Estate Department Transactions in January 2020
February 20, 2020 | Real Estate

On January 15, John Panagopoulos represented the lender, ERA Buildings LLC, for a loan amount of $2 million to the Purchaser of 1248, 1250 and 1252 Flatbush Avenue, Brooklyn, NY.

On January 23, Ron Kornblum and Marie Landsman represented six tenant-in-common purchasing entities in the acquisition, and related IRS 1031 tax free exchange transactions, of

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Real Estate Department Transactions in December 2019
January 22, 2020 | Real Estate

In December 2019, David Leno and Louis D’Amaro represented Northwell Health in the acquisition of eight medical office practices in Manhattan, while successfully meeting the year-end deadline.

Louis D’Amaro, Benjamin Malerba and Ada Kozicz engaged in lease negotiations for a 10 year lease and guaranty for a psychiatric and behavioral health office located on West

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Schieber, Wilck and Panagopoulos Join Forces for Real Estate Endeavor
November 21, 2019 | Real Estate | Construction

Evan Schieber and David Wilck garnered a significant victory for a condominium unit owner on the Upper East Side in litigation commenced against a famed New York developer arising out of the developer’s alleged misrepresentations and non-disclosures in the condominium offering plan.  The firm negotiated a settlement agreement where the Sponsor was forced to repurchase

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Real Estate Group Negotiates Several Deals in June
July 18, 2019 | Real Estate

John Panagopoulos represented the Purchaser of a commercial condominium located at 112-03 Queens Blvd., Forest Hills, NY, for the practice of sports medicine.  The purchase price was $1.18 million and was financed with Citibank N.A. for a loan amount of $940,000.

John Panagopoulos represented the Purchaser, Rhyme Holdings II LLC, in its acquisition of an

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Real Estate Transactions in February 2019
March 14, 2019 | Real Estate
  1. Louis D’Amaro and Stephen Weissman closed on a $34.2 million refinance of a Hilton Garden Inn hotel located in Port Washington, NY. The refinance required the assignment and consolidation of the exiting mortgage on the premises and the approval of the Nassau County Industrial Development Agency.
  2. Louis D’Amaro and Max Gershenoff completed the assignment
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Feuer, Epstein, Panagopoulos and Simensky Represent Investor in the Acquisition of the Former Woodbury Country Club
February 26, 2019 | Real Estate

Scott Feuer, Harvey Epstein, John Panagopoulos and Sean Simensky represented a New York-based real estate investment management company in the $32 million acquisition of the former Woodbury Country Club located in Woodbury, NY. The transaction included entry into a construction loan facility in the aggregate amount of $56.7 million to finance the redevelopment of the

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Real Estate Transactions in January 2019
February 11, 2019 | Real Estate
  1. Yaron Kornblum and Marie Landsman close on the sale of a 20-unit apartment building and a 27-unit apartment building in Brooklyn, NY to Midwood Apartments LLC for a combined sale price of $10.4 million.
  2. Yaron Kornblum and Marie Landsman closed on an acquisition of an industrial building in Woodbury, NY for the purchase price
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Rivkin Radler Closed on Landmark Brooklyn Heights Building
December 5, 2018 | Real Estate

William Cornachio, with the help of John Panagopoulos, closed on the acquisition and financing of a client’s $21.9 million purchase of a 31-unit, multi-family landmark property in Brooklyn Heights.

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Panagopoulos Represents Seller in Stewart Manor, NY Property
August 1, 2018 | Real Estate

John Panagopoulos represented the Seller of a commercial property located at 600 Tulip Ave., Stewart Manor, New York for a purchase price of $900,000. The Purchaser financed the transaction with a purchase money mortgage in the amount of $400,000.

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Feuer and Panagopoulos Represent New York City Investor in Sale of Commercial Condominium Unit
January 26, 2018 | Real Estate

Scott Feuer and John Panagopoulos represented a New York City developer in the $3.175 million sale of a commercial condominium unit located in Tribeca.

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Kornblum and Panagopoulos Complete Several NYC Real Estate Deals
November 15, 2017 | Real Estate

On October 2, 2017, Yaron Kornblum represented the Borrowers and co-owners, Brook-Sharp Realty LLC and MK Brook LLC, in a refinance of a portfolio of real estate holdings consisting of twelve buildings located in the Bronx, with residential and commercial units.  The loan amount was $24 million and the transaction was financed through New York

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Real Estate Team Closes $11.45 Million Deal
September 28, 2017 | Real Estate

Harvey Epstein, Scott Feuer, John Panagopoulos and Sean Simensky represented the purchaser in its acquisition of 280, 282 and 282A Nassau Avenue, Brooklyn, NY for the purchase price of $11.45 million.  The transaction involved the negotiation of loan documentation relating to the $9.2 million mortgage financing providing by Bank of the Ozarks and the corporate

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Feuer and Panagopoulos Represent Owner in the Sale of a $23 Million Jersey City Office Building
September 29, 2016 | Real Estate

Scott Feuer and John Panagopoulos represented the owner of a Jersey City, NJ office building in the $23 million sale of the property.  This transaction also involved environmental matters which were handled by Eric Nemeth.

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Kornblum and Panagopoulos close $17 million real estate transaction
February 26, 2016 | Real Estate

Yaron Kornblum, with the assistance of John Panagopoulos and Ilana Camarda, represented MGSA I LLC, MGSA II LLC, MGSA III LLC and MGSA IV LLC in the mortgage financing transaction funded by Customers Bank in the loan amount of $17,000,000.00 for two apartment complexes in Bronx, NY.

 

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Kornblum and Panagopoulos represent clients in a $17.9 million mortgage financing transaction
January 19, 2016 | Real Estate

Yaron Kornblum, with the assistance of John Panagopoulos and Ilana Camarda, represented 738 East 21 LLC, 738 East 21 LLC, 1815 Beverly Realty LLC, 1900 Newkirk Realty LLC and 2401 Cortelyou Realty LLC in a mortgage financing transaction funded by The Bridgehampton National Bank for a loan amount of $13,900,000.00 for three apartment buildings in

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Rivkin Radler Closes $67 Million Real Estate Deal
May 8, 2014 | Real Estate | Appeals

Yaron Kornblum, a partner in the firm Real Estate, Zoning & Land Use practice group, closed a record breaking sales transaction on Manhattan’s Upper West Side.  The 70 unit, 108,000 square foot apartment building, owned by the Zauderer Family, sold for $67,000,000.  The building, built in 1913, was self-managed by the matriarch of the family for

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