Real Estate Law

Overview

Tannenbaum Helpern's Real Estate Practice possesses skills, creativity and expertise to address the complex issues that arise in sophisticated real estate matters. We provide an interdisciplinary approach to the broad practice of real estate law, which facilitates the exchange of information regarding developing trends, laws, standards and transactions among the members of our practice group, as well as with other complementary practice groups within our firm such as our financial services, tax, litigation and bankruptcy groups. Utilizing this approach, we are able to advance Tannenbaum Helpern's credo of providing practical solutions to all legal issues confronting our clients.

Tannenbaum Helpern's real estate practice consists of experienced attorneys with broad based technical skills and, equally important, a practical orientation regarding business advice, the structuring of transactions and contract negotiations. Our experience relates to a broad spectrum of real estate asset types, including equity, debt and leasehold interests, and various property types, including office, multi-family, condominiums, shopping centers, hotels, hospital and health care facilities, storage facilities, industrial and warehouse properties and mixed-use developments. Clients represented by Tannenbaum Helpern in real estate related transactions and matters include public companies and REITs, nationally recognized real estate private equity funds, national and regional owners, investors, developers and property managers, institutional lenders, hotel operators and national and regional retail chains.

Our attorneys are regularly engaged in commercial and residential development, joint venture transactions, sales, acquisitions, construction and permanent financings, "big box" leasing and commercial office and retail leasing transactions. Our attorneys also have been extensively engaged in workouts, loan restructurings and asset acquisitions on behalf of lenders and borrowers, and in matters involving condominiums and cooperative housing corporations.

We also have a significant real estate litigation practice that has been involved in several leading and precedent setting cases involving such areas as workouts, foreclosures, contracts of sale, condominium and co-op sponsor defaults, flip tax regulations and "Yellowstone Injunctions." Our real estate attorneys actively work with our litigation attorneys to augment litigation teams with substantive real estate experience.

Representative Real Estate Services

• Real estate development, including urban and rural assemblages, commercial, residential and mixed-use projects, and warehouse, storage and manufacturing developments.
• Acquisitions and dispositions of real estate assets, including portfolio (or "bulk") transactions, "Section 1031" tax deferred exchange transactions, and purchases by and sales to REITs.
• Loan financings, including construction and permanent loan financings, mezzanine loan financings, securitized financings and loan participation transactions.
• Joint venture transactions, including preferred equity transactions and equity restructurings and recapitalizations.
• Office and retail leasing, both in New York City and throughout the country, for landlords and tenants.
• Sale and acquisition of debt, both performing and non-performing, and equity interests.
• Loan workouts, debt refinancings and bankruptcy proceedings.
• Real estate litigation, including foreclosures, condominium and co-op sponsor defaults, and leasing disputes.
• Management agreements, franchise arrangements and other service-related agreements.
• All matters pertaining to the representation of condominium boards of managers and cooperative boards of directors.