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News 2017-12-09T18:38:05+00:00
Howard Sommers represented the majority member of a limited liability company that purchased a strip mall in for $4,150,000.
Howard Sommers represented the seller of a commercial property that sold for $23,000,000 and the purchase of four replacement properties under section 1031 for approximately $22,000,000.
Howard Sommers represented the landlord in an 11 year lease for approximately 9,000 square feet with a total rent of approximately $2,000,000 over the term.
Michael Scher and Howard Sommers represented the owner of a building in a $6,000,000 refinancing in connection with converting the building to condominium ownership.
After extensive collection activity in both State and Federal courts, Ken Yudell was able to locate sufficient assets of the judgment debtors in order to collect $4.9 million of a $7 million deficiency judgment he previously obtained for one of his clients.
Mike Scher and Joe Aronauer represented Bulova in its negotiations for a full floor lease at the Empire State Building.
Howard Sommers represented the tenant in a 7 year lease for approximately 7,000 square feet with a total rent of approximately $630,000 over the term.
Howard Sommers represented the landlord in a 7 year lease for approximately 61,600 square feet with a total rent of approximately $7,500,000 over the term.
Ken Yudell obtained a favorable judgment in a mortgage foreclosure case which was affirmed by the Second Circuit, U.S. Bank, N.A. v. Squadron VCD, LLC, 504 Fed. Appx. 30 (2d Cir. 2012). In the same case, the District Court sanctioned the defendants and barred them from making any further motions without the permission of the Court.
Joseph Aronauer was designated as a Super Lawyer for 2013 for bankruptcy.
Mike Scher and Howard Sommers represented the buyer of a commercial property with a purchase price of $50 million.
Howard Sommers represented the seller of a commercial property that sold for $1,900,000.
Michael Scher represented the seller of a commercial property that sold for $50 million.
Howard Sommers represented the majority member of a limited liability company that purchased a strip mall in Maryland for $4,150,000.
Joseph Aronauer has made presentations to several CMBS loan servicers on prepayment issues as well as various issues concerning the use of federal jurisdiction in foreclosure actions.
Howard Sommers represented the landlord in a 10 year lease for approximately 18,000 square feet with a total rent of approximately $3,800,000 over the term.
Ken Yudell closed a deed in lieu of foreclosure on what was originally a $16.5 million loan obligation involving a commercial property in New Jersey.