Pryor Cashman’s nationally-recognized Real Estate Group advised on two of the largest real estate transactions completed in New York City this week.
In one deal, the Group represented affiliates of Silverback Development and AEW Capital Management in connection with their acquisition and financing of the residential component of 24-16 Queens Plaza South in Long Island City. The property was purchased from Greystone Development. Wayne Heicklen, co-leader of the Real Estate Group, Partner Danielle Schechner and Associate Ari Tran advised on the transaction.
Additionally, Barry Landsman represented the buyer of a $32 million residential condo unit at newly-built 520 Park Avenue in Manhattan.
News of the deals was also reported in Law360’s “NYC Real Estate Week in Review.”