We are excited to recap another exceptional year for our Real Estate Department, led by Real Estate Department Chair Stuart Berg.
In 2025, our team advised on bulk acquisitions of over 500 unsold cooperative and condominium units in approximately 50 cooperative and condominium buildings throughout New York City, representing an aggregate value in excess of $150,000,000.
We had the privilege of representing a major family home office purchaser in connection with these acquisitions, which involved the purchase of sponsor and investor-held unsold units through a series of coordinated bulk transactions.
These highly complex matters required sophisticated analysis of offering plans, tenant rights, successor sponsor designations, and multi-layered closing structures. Our work spanned the full lifecycle of each transaction, from contract negotiation and due diligence through closing and post-closing implementation such as offering plan amendments, often on accelerated timelines and across coordinated portfolios.
We are grateful to our clients for the continued trust placed in our team and proud to have played a role in the successful execution of these acquisitions. We look forward to building on this momentum in the year ahead.
