Real Estate

Managed and supervised the legal team at Bank One (later acquired by J.P. Morgan Chase) with responsibility for corporate real estate services clients. Team included four attorneys and paralegals in two locations.

Other real estate representations involving the Partners of the firm include:

A leading New York estate developer in one of the largest condemnations in the history of New York City, presenting important questions under the “Just Compensation” Clause of the Fifth Amendment: (i) whether the government’s obligation to compensate for the lost development potential of a condemned site (including compensating for the developer’s efforts in moving a project forward) applies only where the property owner can demonstrate that the development will come to fruition in the near future; (ii) whether the government may avoid paying, as part of a just compensation award, damages resulting from deliberate governmental interference with a development project that suppresses the property’s value at the time of the taking, compared to what it would otherwise have been; and (iii) whether a state court may exclude, or deny any probative value to, otherwise competent market-based evidence of property value, such as testimony by the property’s owner, financing proposals, and offers to lease and buy, solely because they are not presented by a real estate appraiser.  River Center LLC v. Dormitory Authority of State of New York, 132 S.Ct. 2102 (2012).

JPMorgan Chase in a dispute regarding its leases with its landlords with regard to multiple branches in New York state.

A leading New York real estate owner and manager in a federal action arising from the administration of the New York state judiciary. Kaufman v. Kaye, 466 F.3d 83 (2d Cir. 2006), 127 S. Ct. 1828 (2007). See 2007 WL 545654, 2006 WL 3877337 (briefs) (U.S. Supreme Court and U.S. Court of Appeals for the Second Circuit).

A major furniture store in a dispute over a commercial lease.

A real estate developer in a partnership dispute with his partner’s successor over ownership of properties after partner’s death.

A guarantor in a dispute arising from a mortgage default.