Office and Retail Projects
3 Times Square, New York City: Construction of an 855,000-square-foot office building in Times Square. The transaction included (a) the acquisition and renegotiation of a ground lease with the state of New York, which involved government incentives associated with the Times Square redevelopment zone, (b) a combined construction and permanent mortgage loan, (c) a joint venture agreement, (d) a lease with Thomson Reuters (the building's prime tenant), the Bank of Montreal and Bain & Co., (e) clearing the site of existing tenants, and (f) construction management agreements, architect's agreements, engineer's agreements and many consulting agreements.
32 Avenue of the Americas, New York City: Acquisition of a 1 million-plus-square-foot building in lower Manhattan (AT&T's headquarters) and a leaseback of more than 400,000 square feet to AT&T. The project included the conversion of a substantial part of the building to a highly sophisticated telecommunications facility with a hub room and leases with Qwest, MCI WorldCom, Global Crossing, Bell Canada, Global One, Tycom and Cogent, among others.
55 Broad Street, New York City: Gut renovation of the 400,000-square-foot New York Information Technology Center, once a vacant office building in downtown Manhattan, and renovation to create the first building in "Silicon Alley" (New York's downtown high-tech district) with state-of-the-art telecommunications infrastructure and "plug-in" capability. Goldfarb & Fleece worked closely with the client and city and state officials to establish a local Business Incentive District and to obtain a wide range of tax and energy benefits and incentives to promote the area.
Suffern, New York: The demolition of an existing research and development facility and construction of a new 225,000-square-foot research and development facility, including architect's agreement, construction manager's agreement and project controls manager's agreement.
Murdock Carousel Shopping Center, Port Charlotte, Florida: Sale of parcel of land to Lowe's Inc. and reconfiguration of balance of shopping center. The project included: (a) the sale of a 10.54-acre parcel of land in a 30.82-acre shopping center; (b) the relocation or termination of leases with various tenants and leases with new tenants; (c) the declaration of covenants, conditions and restrictions among buyer, seller and outparcel neighbors, superseding existing declarations of record; (d) site plan approval; and (e) site development agreement.
Mixed-Use Development Projects
The Reserve, Danbury, Connecticut: Site acquisition of a 290-acre mixed-use development site in Danbury, Connecticut, for WCI Communities Inc.
54 Bond Street, New York City: Acquisition and development of a luxury mixed-use condominium with high-end retail
397 West 12th Street, New York City: Site acquisition and development of 10-story condominium building
Residential Development Projects
130 West 12th Street, New York City: Site acquisition and development of a 44-unit luxury condominium project in Greenwich Village
Bellefair, Rye Brook, New York: Site acquisition and construction loan financing for a 278-home residential community in Rye Brook, New York, developed by the Benenson Capital Co. and Spectrum Skanska Inc.
456 West 19th Street, New York City: Acquisition and development of a luxury residential condominium for Westport Capital
Mansion Ridge, Monroe, New York: Site acquisition, construction loan financing and reciprocal easement agreements for a 110-home luxury residential golf community adjacent to a Jack Nicklaus signature golf course for Spectrum Skanska Inc.
Madison Avenue and 91st Street, New York City: Acquisition from Citibank of a development site for a luxury condominium building for Oaktree Capital Management, LLC/The Tamarkin Co.
140 Perry Street, New York City: Acquisition and gut renovation of an existing commercial building to create a residential luxury "white box" loft condominium for Oaktree Capital Management, LLC/The Tamarkin Co.
495 West Street, New York City: Acquisition and construction of a new building consisting of residential luxury "white box" condominium units for Oaktree Capital Management, LLC/The Tamarkin Co.
206 West 17th Street, New York City: Conversion of a former Barney's building from a commercial building into a residential luxury "white box" loft condominium with ground-floor retail space for Oaktree Capital Management, LLC/The Tamarkin Co.
Valimar, Greenburgh, New York: Acquisition of site and construction financing for a 165-home cul-de-sac community for Spectrum Skanska Inc.
The Legend Yacht and Beach Club, Glen Cove, New York: Acquisition of site and construction financing for a 47-home luxury waterfront community with marina for Spectrum Skanska Inc.
The Legends at Purchase, Purchase, New York: Acquisition of site and construction financing for a 21-home luxury community for Spectrum Skanska Inc.
Discovery Cove at Half Moon Bay, Croton on Hudson, New York: Acquisition of membership interest and construction financing for 158 luxury waterfront homes for Spectrum Skanska Inc.
Chicago, Illinois: Acquisition of land and development of warehouse and office facility for Nippon Express
Encore Monroe Active Adult Community, Monroe Township, New Jersey: Construction financing for active adult community for Spectrum Skanska Inc. and Kalian Companies
Legends at Half Hollow, Dix Hills, New York: Acquisition of site and construction financing for a 45-home luxury community for Spectrum Skanska Inc.
Traditions at Historic Southbury, Southbury, Connecticut: Construction financing for a 150-unit planned residential community for Spectrum Communities
Terra Nova at Westport, Westport, Connecticut: Acquisition of site and construction financing for a 54-unit planned residential community for Spectrum Communities
Encore Atlantic Shores Active Adult Community, Brookhaven, New York: Acquisition and construction financing for 240 active adult condominium units for Spectrum Communities
Low Rise Section, Lincoln Square Condominium, New York City: Acquisition and sale of 79 luxury condominium units for Oaktree Capital Management, LLC
Encore Lake Grove Active Adult Community, Lake Grove, New York: Acquisition and construction financing for 228 active adult condominium units for WCI Communities Inc.
Four Corners, East Fishkill, New York: Acquisition for a 261-unit planned residential community for WCI Communities Inc.
The Watermark, North Bergen, New Jersey: Acquisition for a 206-unit, 12-story luxury residential condominium tower for WCI Communities Inc.
Rehabilitation of former Saks Fifth Avenue Department Store building in Garden City, New York; development of mixed-use project anchored by Winthrop Hospital Wellness Center and Morgan Stanley.
