Historic Redevelopment Project in New York

New York-Based Developers and High-End Hospitality Group

Negotiation of a three-party joint venture agreement, limited liability company agreements, hotel management agreement, trademark agreements, and lease agreements with New York-based developers and high-end hospitality group regarding a historic building in a long-stalled redevelopment in lower Manhattan. Redevelopment of this project includes a boutique hotel, a rooftop restaurant, specialty food stores, and public space valued at $150 million.

Related Topics
Related Practices

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 Mi...

Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
Representation of GPA-I, LP of Memphis, TN, owner of the former United States Southern Command headquarters facility and property, regarding leasing of office building and selling of adjoining land in Doral to the Miami Herald Media Company for the Herald's new headquarters and printing/production f...