Farrell Fritz closes purchase of 270,000 s/f for The Engel Burman Grp.
June 16, 2008 - Long Island
Peter Curry, Bob Sandler and Rochelle Laufer of Farrell Fritz represented the Engel Burman Group. The property listing was handled by Sutton and Edwards real estate brokers, Chip Entwistle, Gus Nuzzolese and Ted Trias.
As a main feature of the transaction, the Farrell Fritz lawyers negotiated a lease of a significant portion of the 501 Franklin building to Bookspan, a book retailer. The properties are also occupied by the airline Jet Blue, and McDonnel & Adels, a law firm. Engel Burman, comprised of Jan Burman, Sydney Engel, Steven Krieger, Scott Burman, Michael Weiss and various other family members, is already proceeding to lease up the remainder of the 401 Franklin building.