A $37 million deal for a high-end multi-unit property on Manhattan’s Fifth Avenue is the latest transaction in a busy year for CTSW’s real estate practice. The deal involved real estate, corporate, and foreign and U.S. tax considerations.
This deal comes soon after an international client's business expansion drove a flurry of simultaneous deals for commercial space in NYC. Throughout the year, CTSW represented numerous developers and investors in deals for property throughout the United States. Larry Tauber, Neil Novikoff, Fred Sanders, and Courtney Birnbaum worked on this latest transaction.