Pray Automobile Corporation, Greenwich, Ct - - Represented seller of what was arguably the most significant parcels of commercial property comprising two sides of West Putnam Avenue (the Post Road) in Greenwich. The sales price for the real estate was $21,000,000. Because of its use as an automobile dealership/repair facility, the deal involved complex and sophisticated environmental, structural and zoning issues.
Clapboard Ridge Road, Greenwich, CT - - Represented buyer in purchasing for $11,500,000.00 a 5.8 acre parcel with a 1920's house, together with the adjoining 2.8 acre lot that purportedly had "septic problems" such that it could not be approved. We were instrumental in working with local engineers to obtain both septic approval and wetlands approval and then single-handedly located a developer/buyer for the lot.
After locating the developer, we were instrumental in sourcing investment funds to "partner-up" with the developer for the construction of a "spec house," which went to contract while under construction for $10,600,000.00. The sale closed in mid-2007.
We then represented the Seller of the remaining parcel in his private sale of the 1920's house for $10,300,000, which closed in early 2008.
8 Old Round Hill Lane, Greenwich, CT - - Represented the Seller in the $10,300,000 sale of a house in the historic back country of Greenwich, in a development of high end houses adjacent to Round Hill Road.
61 Byram Shore Road, Greenwich, CT - - Represented the Seller in the $7,000,000 sale of prime waterfront property in Greenwich, which included a house, 2-bedroom carriage house and what is believed to be the longest dock in the Byram Shore area.
Porchuck Road, Greenwich, CT - - Represented buyer in purchasing a 19 acre parcel in Greenwich’s back country, with a house under construction. The sales price was $12,000,000. Because the house was under construction, the deal involved the extremely complex issue of protecting our client from potentially very significant unknown liens/claims from the contractor and the various trades and suppliers involved in the project. We were able to protect the buyer through a sophisticated system of indemnities and a significant escrow established from a large hold-back in the purchase price.
Field Point Circle, Greenwich, Ct - - Represented clients first in purchasing a significant house/parcel in one of Greenwich’s most prestigious locations, Field Point Circle, in the Belle Haven area. The $6,000,000 purchase closed in September, 1999 and we also handled the sale in 2004 for $10,750,000.00. Because this water front property was purchased from an estate, complicated probate, estate, tax and survey issues were involved. On the sale side, issues relating to the permitting of a planned dock on Long Island Sound also came into play.
Clapboard Ridge Road, Greenwich, CT - - Represented seller of a historically significant house in Greenwich’s mid-country area, which sold in 2000 for $4,500,000. This transaction was impacted by the existence of both an underground oil tank and asbestos. We were able to protect the seller and smooth out the transaction by working closely with the contractors and real estate broker, and by establishing an escrow mechanism for the small remaining post-closing items that was fair to both sides.
Bedford Street/Summer Street, Stamford, CT - - Represented an investor pool in purchasing a multi-floor $9,500,000.00 commercial office building in Stamford, CT . Was involved in all aspects of the transaction, including negotiating purchase and sale documents, analyzing lease, zoning and title issues.
85 Old Kings Highway, Darien, CT - - Represented the purchaser of this $5,400,000 commercial office building in all aspects of the transaction, including acquiring the building, examining title, negotiating for new lending, and negotiating and drafting new leases.
13 Huntzinger Drive, Greenwich, CT - - Represented the owner of a large residence in defeating completely a contractor’s claims for delays and work allegedly ordered "outside of the contract." Prior to having the case dismissed, we used a little known loophole to insulate the owner from a statutory award of attorneys’ fees, even in the event the contractor was successful.
Vernon Hills Shopping Center, Scarsdale, New York - - Represented owner of one of Westchester’s premier shopping centers in "piercing the corporate veil" so as to recover from individual shareholder of corporate shell tenant who owed rent in excess of $500,000.
2121 Summer Street, Stamford, Connecticut - - Represented guarantors in successfully limiting liability when major New York bank sought indemnity when active general partner defaulted on its obligations on major commercial building in downtown Stamford.
Pickwick Shops, Greenwich, Connecticut - - Represented owner in successfully closing out the project and defeating the contractor’s claims for extras in the amount of $700,000.
Commercial Property, Greenwich Avenue, Greenwich, Connecticut - - Represented buyers of commercial property on Greenwich Avenue, Greenwich Connecticut when owner refused to permit final environmental testing in order to block closing. Filed lis pendens and other legal process which led to a re-negotiation of the deal and a below market transfer to clients on extremely favorable terms.