In the News

K&F represents Madison Realty Capital in making $29.4 million bridge loan for former site of Parkway Hospital

June 28th, 2021

K&F attorneys Jerold Feuerstein and John Hayes represented Madison Realty Capital in making a $29.4 million in bridge loan to the joint venture for its purchase of the former Parkway Hospital in Forest Hills, which will be redeveloped into a residential complex. Madison Realty Capital provided the floating-rate loan to SYU Properties, Top Rock Holdings and RJ Capital, […]

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K&F represents Sugar Hill Capital in Blockbuster Portfolio Acquisition

January 3rd, 2019

By Anthony Noto- AS SEEN IN THE NEW YORK BUSINESS JOURNAL Kriss & Feuerstein Partner David S. Kriss and Associates Mary Willis White and Jillian Bledsoe represented Sugar Hill Capital in this transaction. A massive portfolio of Harlem apartment buildings has been sold for more than $250 million. According to The Real Deal, Sugar Hill […]

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K&F represents Taconic Investment Partners in Joint Venture Acquisition

December 10th, 2018

By Eddie Small- AS SEEN IN THE REAL DEAL K&F Partners David Kriss and Matt Klein represented Taconic Investment Partners in this transaction 440 Ninth Avenue TH Real Estate, Taconic buy 440 Ninth Ave for nearly $270M TH Real Estate and Taconic Investment Partners have closed on their $269 million purchase of 440 Ninth Avenue […]

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K&F represents Sitt venture in retail condo acquisition from Vornado

May 1st, 2018

By Mark Maurer- as seen in the real deal K&F Partner Eric Hoberman represented the Purchaser in this transaction. Vornado is selling the Marquand’s retail condo to Ralph Sitt Vornado Realty Trust is selling its retail condominium on the Upper East Side to Ralph Sitt’s Status Capital for nearly $85 million, The Real Deal has learned. The […]

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JDS Development Group Secures $137 Million Construction Financing From Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace

April 24th, 2018

New York-based Madison Realty Capital Provides Final Funding for Pritzker Prize-Winner Jean Nouvel’s First Built Work in Miami  MIAMI , April 24, 2018 (GLOBE NEWSWIRE) — New York-based Madison Realty Capital has provided a $137 million construction loan to New York-based JDS Development Group for Monad Terrace. The deal indicates conviction in the development team, […]

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Ashkenazy adds Grosvenor House to collection of icons

July 10th, 2017

AS SEEN IN WWW.BUSINESSWIRE.COM by HUI-YONG YU US property investor that recently bought a stake in New York’s Plaza Hotel has acquired the Grosvenor House Hotel in London. Seattle — Ashkenazy Acquisition, the US property investor that recently bought a stake in New York’s Plaza Hotel, has acquired the Grosvenor House Hotel in London, helping […]

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Shorewood, Prodigy land $105M loan package for FiDi project – 17 John Street to include co-working space, short term rentals

September 16th, 2016

By Konrad Putzier – AS SEEN IN THE REAL DEAL   Matthew Klein, Esq., of Kriss & Feuerstein LLP represented the borrower in this transaction. Shorewood Real Estate Group and Prodigy Network landed $105 million in construction financing for their mixed-use development at 17 John Street. The package consists of two loans — a $66 million mortgage […]

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Ashkenazy buys Nylo hotel on UWS for $140M-plus

June 28th, 2016

By Mark Maurer – AS SEEN IN THE REAL DEAL Kriss & Feuerstein LLP represented Ashkenazy Acquisition Corp. in the acquisition and financing. Ashkenazy Acquisition Corp. picked up the Nylo New York City Hotel on the Upper West Side for north of $140 million, or about $500,000 per key, sources told The Real Deal. The seller, a […]

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Bluestone, Altmark nab Bronx factory building for $44M

February 2nd, 2016

By Katherine Clarke – AS SEEN IN THE REAL DEAL A joint venture between Eli Tabak’s Bluestone Group and the Altmark Group has purchased a 235,584-square-foot industrial factory building in the Bronx for $44 million, sources told The Real Deal. The property, at 825 East 141st Street, had been owned by the National Equipment Corporation out of […]

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MoFo, Kriss Feuerstein Guide $81M Loan For Korman Property

January 12th, 2016

As seen in Law360, by By Andrew McIntyre Morrison & Foerster LLPrepresented Canadian Imperial Bank of Commerce in its $81 million loan for a Korman Communities New York residential property, a deal Kriss & Feuerstein LLP worked on as counsel to the borrower. Public records filed in New York on Monday show the financing is […]

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