JONATHAN R. BELL KAREN S. FRIEMAN AEGIS J. FRUMENTO ROSEMARY HALLIGAN STEPHANIE KORENMAN FRANCINE N. NISIM STEWART J. STERN DAVIS S. TANNENBAUM ELLEN I. BLANK BRIAN J. DAMIANO JESSICA EYLAND JONATHAN KOTLER

STEWART J. STERN Partner




      212.792.8482
      sstern@sterntannenbaum.com
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General Real Estate
Representation of a well known New York City developer in the purchase of a majority interest in a 1.5 million square foot Manhattan telecommunications building, and the placement of a syndicated $135 million mortgage loan covering the building and a related mezzanine loan, followed by a securitized $160 million mortgage loan.
Representation of a foreign developer in the purchase, re-development, financing, and sale of a Fifth Avenue office building.
Representation of a domestic subsidiary of a foreign corporation in the $550 million structured financing of a “signature” Manhattan office building.
Representation of an international hedge fund in the purchase, leaseback and securitized financing of a $220 million Long Island corporate headquarters complex.
Representing of a major New York City developer in the ground up development of three mixed use projects.
Representation of a group of Manhattan developers in the workout of a partnership dispute involving 16 lawsuits and 15 Manhattan office buildings and apartment complexes.
Representation of the foreign lender in the development financing of the Foxwoods Casino on a Connecticut Indian reservation, including the structuring of the profit participation elements thereof.
Representation of a major New York investment bank in the provision of a $205 million mortgage loan facility to a life insurance company.
Representation of a national developer in the $82 million securitized financing of a mixed use Boston property.
Representation of a domestic airline in the $170 million structured financing of a Kennedy International Airport terminal.
Representation of a major money center bank in the development financing of a new private school in Manhattan.
Representation of a New York City developer in the defeasance of an existing securitized loan and the placement of a new $50 million securitized loan on a New York landmark property.
Representation of a foreign pension fund on numerous construction and permanent loans, joint ventures and forward equity commitments relating to the development of properties throughout the country.
Representation of a regional bank on numerous construction and permanent loans.
Representation of a Manhattan developer in the structured foreclosure of a 1 million square foot office building and the workout of a $250 million mortgage loan covering a major Park Avenue office building.
Representation of a developer in the 200 year ground lease of a midtown Manhattan development parcel.
Representation of the owner of a New York City landmark building in the granting of a conservation facade easement covering the building.

Hospitality
Representation of an institutional investor in the purchase and financing of a deluxe Manhattan hotel and a first class Ohio hotel.
Representation of an investor in the purchase of a package of movie and live "Off Broadway" theatres.
Representation of an institutional investor in the sale of a portfolio of hotels throughout the United States.
Representation of a well-known restaurateur in the development of numerous first class restaurants and nightclubs.
Representation of the owners of a New York hospitality company in the development of a Fort Lauderdale casino cruise business.