Mermelstein leads Fried Frank team in counsel for Brookfield’s leasehold interest acquisition at 666 Fifth Avenue

Manhattan, NY Fried, Frank, Harris, Shriver & Jacobson LLP acted as counsel to Brookfield Asset Management in connection with its acquisition of a 100% leasehold interest in 666 Fifth Ave.’s office condo, a 1.5 million s/f building in Midtown, through one of its real estate investment funds. The term of Brookfield’s 100% leasehold interest in the office condominium, acquired from the Kushner Cos., will be 99 years. Brookfield Properties will operate the building and plans a major redevelopment program to upgrade it.

The Fried Frank team was led by real estate partner Joshua Mermelstein and included corporate real estate partner Patrick Dowd, tax partner Robert Cassanos, real estate special counsel Joel London and Cyril Touchard, corporate real estate special counsel Jessica Mayes, real estate associate Jing Jin, corporate real estate associate Tam Ho, and tax associates Josh Goldstein and Daniel Jacobson.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

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Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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