In the News

Morgan Stanley buys Soho retail building for $70M

October 28th, 2015

Sitt and Centurion Realty paid $32.5M for 113 Spring Street in 2012 Morgan Stanley Real Estate Investing bought the retail and office building 113 Spring Street in Soho for $70 million, sources told The Real Deal, paying more than double what the sellers laid out when they acquired it in 2012. Ralph Sitt’s Status Capital […]

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Ashkenazy inks $400M deal for Avalon Chrystie Place

October 28th, 2015

By Lois Weiss – AS SEEN IN THE NEW YORK POST Ashkenazy Acquisition Corp. has signed a contract to buy Avalon Chrystie Place for just under $400 million. We’ve learned the active acquirers, led by Ben Ashkenazy and Michael Alpert, are the winners of the sought-after retail and apartment complex at Houston and The Bowery […]

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Blender is like WeWork but for the culture crowd – A new entrant into the shared-office industry aims for upscale.

October 21st, 2015

By Matthew Flamm – AS SEEN IN CRAIN’S NEW YORK Kriss & Feuerstein LLP served as counsel to the tenant in this matter. Blender co-founders Amro Qaddura and Scott Sassoon will transform this floor at 135 Madison Ave. into an upscale co-working space. For the nine months that Jeffrey Fidelman headed investor relations for a […]

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Morgan Stanley buys Soho retail building for $70M – Sitt and Centurion Realty paid $32.5M for 113 Spring Street in 2012

August 6th, 2015

By Adam Pincus and Konrad Putzier – AS SEEN IN THE REAL DEAL Kriss & Feuerstein LLP served as counsel to the seller in this matter.   Morgan Stanley Real Estate Investing bought the retail and office building 113 Spring Street in Soho for $70 million, sources told The Real Deal, paying more than double […]

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Investors shell out $115M for Hermès building on Madison Ave.

July 14th, 2015

By Lois Weiss – AS SEEN IN THE NEW YORK POST The exquisite Madison Ave. building rented by Hermès has a new owner. With 8,000 square feet, the transfer comes to just shy of $14,000 per square foot. Ben Ashkenazy and Michael Alpert’s Ashkenazy Acquisitions has just paid $115.17 million for the four-story building at Madison Avenue on the northwest corner […]

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FOUR WINDS REAL ESTATE JV – Partners pocket $10 million on LES investment

July 1st, 2015

Kriss & Feuerstein LLP represented the seller in this transaction. AS SEEN IN REAL ESTATE WEEKLY A partnership of two joint ventures that purchased Gotham Court (152 Ludlow St. and 149-151 Essex St.) on Manhattan’s Lower East Side for $19.1 million in 2013 has sold the properties for $29.1 million. The principals of one joint […]

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New York Law Journal – Marketplace

May 20th, 2015

Kriss & Feuerstein LLP represented an affiliate of Ashkenazy Acquisition Corporation. By Monica Paquette – AS SEEN IN THE NEW YORK LAW JOURNAL Expanding its portfolio with the addition of a luxury hotel, the joint venture of Deka Immobilien Investment GmbH and Ashkenzay Acquisition Corporation has closed on the acquisition of the Marriott New York East Side, at […]

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Kriss Feuerstein, King Spalding Steer $270M NY Hotel Deal

May 11th, 2015

As seen in Law360 – by Andrew McIntyre Kriss & Feuerstein LLP represented an affiliate of Ashkenazy Acquisition Corp. in its $270 million purchase of a New York Marriott hotel from an entity affiliated with Morgan Stanley Real Estate Advisor Inc., which had counsel on the deal from King & Spalding. The 655-room New York Marriott East Side […]

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Investor eyeing rents of $100 per sf at Chelsea rental – Raphael Toledano pays $42M for 125 West 16th St., in deal financed by Madison Realty Capital

April 24th, 2015

By Claire Moses – AS SEEN IN THE REAL DEAL Kriss & Feuerstein LLP served as counsel to Madison Realty Capital in this matter. Raphael Toledano, a private investor with offices in Manhattan and Brooklyn, bought a six-story Chelsea building for $41.5 million, The Real Deal has learned. Toledano is looking to make the property “the most high-end and most luxurious building […]

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NBA legend David Robinson teams with Four Winds on $50M LES buy – Buildings on Ridge Street hold roughly 60 resi units as well as retail space

April 21st, 2015

By Tess Hoffman – AS SEEN IN THE REAL DEAL   David Robinson is holding court on the Lower East Side. The NBA Hall of Famer and founder of real estate investment firm Admiral Capital Group teamed up with Four Winds Real Estate to buy three Lower East Side residential buildings for roughly $50 million from Judah […]

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