Herbert Smith Freehills Kramer is well-positioned to advise property developers, private equity firms, institutional lenders, and multinational corporations on the full gamut of the real estate sector. In particular, the practice has a strong reputation in the condominium market, representing clients in acquisition, financing, leasing, and development mandates. Jay Neveloff is equipped to assist clients with multi-asset development mandates, operating across a number of sectors and jurisdictions. He spearheads the practice alongside Daniel Berman, who is regularly instructed on matters involving the hospitality, retail, and residential sectors. Jonathan Canter is a recognised figure in the leasing market, having implemented condominium structures across New York. Nicole de Bare is adept at handling joint ventures, portfolio sales, affordable housing mandates, and refinancing matters. All of the aforementioned lawyers practice in New York.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Key clients
- Dajia Insurance Group
- Vornado Realty Trust
- Miami Freedom Park
- Related Companies
- Mitsui Fudosan America, Inc.
- Condominium Developer Clients
- Property Management Group (PMG)
- Alchemy Properties
- Tishman Speyer
- BlackRock
- Hudson Bay Capital
- Elliott Management and GFI Capital
Work highlights
Representing Miami Freedom Park, the development arm of Inter Miami FC, the David Beckham-owned MLS soccer team featuring Lionel Messi, in the development of its multi-acre lifestyle destination anchored by a stadium with approximately 25,000 seats, concessions, entertainment and retail areas in Miami, FL.
Represented Dajia Insurance Group, the owner of the Waldorf Astoria New York hotel, in various real estate and land use matters relating to the conversion of the historic landmarked property to a condominium. The most significant aspect of the work has been representing the multi-billion dollar public offering of residential condominium units for sale, which scope also includes negotiating contracts and conducting closings on behalf of the client.
We advised Vornado Realty Trust (NYSE: VNO) on the structuring of several headline-grabbing commercial condominium sale and lease transactions within the New York City markets.
Practice head
Jay Neveloff; Dan Berman
Other key lawyers
Jonathan Canter; Andrew Charles; Nicole De Bare