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Negotiation of Boat Yard Lease and Ferry Maintenance and Repair 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.

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