Recent News - John Panagopoulos
May 20, 2022 |
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.
Read MoreApril 15, 2022 |
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.
Read MoreApril 5, 2021 |
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
Read MoreDecember 8, 2020 |
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.
Read MoreSeptember 29, 2020 |
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.
Read MoreFebruary 20, 2020 |
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
Read MoreJanuary 22, 2020 |
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
Read MoreNovember 21, 2019 | |
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
Read MoreJuly 18, 2019 |
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
Read MoreMarch 14, 2019 |
- 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.
- Louis D’Amaro and Max Gershenoff completed the assignment
February 26, 2019 |
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
Read MoreFebruary 11, 2019 |
- 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.
- Yaron Kornblum and Marie Landsman closed on an acquisition of an industrial building in Woodbury, NY for the purchase price
December 5, 2018 |
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.
Read MoreAugust 1, 2018 |
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.
Read MoreJanuary 26, 2018 |
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.
Read MoreNovember 15, 2017 |
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
Read MoreOctober 31, 2017 |
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
Read MoreSeptember 28, 2017 |
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
Read MoreAugust 10, 2017 | Scott L. Feuer | John Panagopoulos |
Scott Feuer and John Panagopoulos represented the Seller in the sale of 730 St. Nicholas Avenue, New York, NY for a purchase price of $4.3 million.
Read MoreJuly 31, 2017 | Scott L. Feuer | John Panagopoulos |
Scott Feuer and John Panagopoulos represented the Purchaser in its acquisition of an apartment building located at 345 East 33rd Street, New York, NY for a purchase price of $7.2 million. The Purchaser financed the acquisition with a $5.2 million loan from Valley National Bank.
Read MoreJune 8, 2017 |
John Panagopoulos represented 280 Oser Avenue Realty LLC in the sale of a commercial warehouse located at 280 Oser Avenue in Hauppauge, New York.
The purchase price was $3.8 million.
Read MoreDecember 30, 2016 |
On December 30, 2016, Scott Feuer and John Panagopoulos represented the owner of a Plainview, New York office building in the $2.8 million sale of the property.
Read MoreOctober 7, 2016 |
Scott Feuer and John Panagopoulos represented two New York City real estate investors in the sale of a 42 unit apartment complex located on West 139th Street in Manhattan for a purchase price of $13.6 million. This transaction was part of a Section 1031 tax-deferred exchange for each investor.
Read MoreSeptember 29, 2016 |
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.
Read MoreSeptember 22, 2016 |
John Panagopoulos represented a New York City real estate developer in the purchase of an Upper East Side townhouse, for use as his personal residence. The purchase price was $9.9 million, which was financed with a $6.5 million mortgage from JP Morgan Chase.
Read MoreAugust 23, 2016 |
Yarom Kornblum, Marie Landsman and John Panagopoulos represented a major real estate developer in his acquisition of a medical facility at the University of Texas in Galveston, TX. The purchase price was $17,700,000 with a loan amount provided by Green Bank, NA. of $11,494.909.
Read MoreMay 27, 2016 |
Scott Feuer and John Panagopoulos closed the sale of 665 Lenox Avenue, New York, NY, a multiple dwelling with commercial tenants, for a purchase price of $7,800,000.00.
Read MoreFebruary 26, 2016 |
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.
Read More
January 19, 2016 |
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
Read MoreJanuary 11, 2016 |
John Panagopoulos closed on the purchase of an Upper East Side residential townhouse for a major New York City developer for a purchase price of $10,100,000.00 in January 2016.
Read MoreMarch 16, 2015 |
Yaron Kornblum, with the assistance of John Panagopolous, closed the purchase of a four building apartment complex in Brooklyn, New York on behalf of the Purchaser, with a purchase price of $18,360,000 and mortgage financing of $13,500,000.00.
Read MoreMarch 1, 2015 |
Scott Feuer and John Panagopoulos, members of the Firm’s Real Estate Practice Group, represented a New York City developer in the purchase of a $4.6 million Manhattan mixed-use building comprised of 20 residential apartments and 6 commercial units.
Read MoreJanuary 31, 2015 |
Stephen Weissman, Scott Feuer and John Panagopoulos, members of the Firm’s Real Estate Practice Group, represented the seller in the $56.6 million sale of a 370,000 square foot office complex in White Plains (the former Nine West Group corporate headquarters). A subgroup of the principals of the Seller, represented by Steve Weissman, reinvested a portion of
Read MoreMay 8, 2014 | |
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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