2015 Year in Review - Guy Arad

Guy Arad, Romer Debbas LLP

What was your most notable project, deal, transaction or professional achievement in 2015? In 2015, I represented Six Sigma NYC in the acquisition of a warehouse on West 29th St. for $54.75 million. Six Sigma plans to redevelop the property as a new luxury residential condominium. The site is centered in a hotbed of new development – just steps away from the High Line and Hudson Yards, and next to several other buildings currently under construction. The site is presently zoned for up to 74,000 buildable s/f. The transaction was especially notable because of internal dynamics on each side of the deal, and the perseverance of buyer and seller to close.

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