Negotiation of Boat Yard Lease and Ferry Maintenance Facility Sublease
Affiliate of RCI Group and the Christoph Family
Representation of affiliate of RCI Group and the Christoph Family in negotiation of a ground lease for a 15-acre boatyard facility and corresponding sublease to Hornblower Group to serve as a base for its East Coast ferry maintenance and repair facility in Bridgeport, Connecticut. The transaction involved the acquisition and financing of a 700 ton travel lift. This project, adjacent to Steelpoint Harbor, is being redeveloped into a 50-acre full service marine destination.
Related Practices
RELATED PEOPLE
Chair of Real Estate & Finance
MORE EXPERIENCE
Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Miami...
Served as Special Counsel to a major city in Florida in connection with the negotiation of a ground lease for a $1 billion marina and mixed-use development project. Reviewed and negotiated the ground lease, master declaration and various ancillary documents related to the hotel, marina, condo and re...
Representation of real estate developer Bridgeport Landing in the $1 billion public-private partnership redevelopment of a mixed-use project, situated on the 52-acre Steel Pointe peninsula in Bridgeport, Connecticut. The redevelopment will include a 2.85 million square foot complex of approximately ...