On June 15, 2021, Yaron Kornblum represented 420-424 East 148th Street Owners LLC in a refinancing transaction of three multifamily properties containing 27 units located at 420-424 East 148th Street, Bronx, NY, with Amalgamated Bank for a loan amount of $3.77 million.

On June 17, 2021, Yaron Kornblum represented EC Holdings LLC and 25 Dongan

On June 25, 2021,  Scott Feuer represented a joint venture in the sale of a mixed-use retail/office building at 413 86th Street, Brooklyn, NY for a purchase price of $14.8 million.

Mark Antar won a motion to dismiss claims of fraudulent inducement, fraudulent misrepresentation and unjust enrichment against our client, the owner of a luxury rental property in East Hampton, New York.

The plaintiff/tenant, a Texas corporation, signed a lease to rent a large Hamptons house for the summer of 2019. After paying the security deposit,

Evan H. Krinick, Managing Partner of Rivkin Radler LLP, is pleased to announce that Matthew Zangwill has joined the firm as a Partner and Daniel Ehrlich has joined as Of Counsel.

Matthew Zangwill, of East Hills, NY, has joined the Real Estate Group, resident in the Long Island office. Matthew Zangwill’s practice centers on real

Please join us as Rivkin Radler attorneys Benjamin P. Malerba and Ada Janocinska discuss key compliance considerations under the federal Anti-Kickback Statute (AKS) and Stark Law as they relate to real estate transactions.

The presentation will provide:

• An overview of the changes in the laws
• Practical examples of when these laws

William Cornachio and Michael Twersky closed last week on a $50 million CMBS loan received from Citi Real Estate Funding on behalf of our client. The loan is secured by mortgages on 19 multi-family residential properties located in Brooklyn Heights, Columbia Heights and the Upper West Side, all bearing New York City landmark status.

Matthew

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

Yaron Kornblum and Marie Landsman represented several TIC members in the acquisition of a multifamily family property comprised of 252 units called Cullen Apartments, located at 13555 Cullen Boulevard, Houston, Texas. The purchase price was $39.3 million and was financed by a loan from Arbor Realty SR, Inc. in the amount of $31.6 million. Jeffrey

Evan Schieber, Jeffrey Greener and Stephanie Yafeh secured a decisive victory for their clients, the beneficiaries of an estate, who moved to intervene in a New York Supreme Court action. The action arose out of a sale by the executor of two cooperative apartments that were estate assets.

In the action, the purchaser of the

Evan Schieber and Lawrence Han recently delivered a significant victory for the Firm’s client which was seeking the return of its $1 million down payment in a real estate transaction that failed to close.

Prior to New York State’s shutdown of non-essential businesses in March 2020, the client had entered into a contract to purchase