News: Brokerage

Kornbluh joins Adler & Stachenfeld as partner

Joseph Kornbluh

Manhattan, NY Joseph Kornbluh has joined Adler & Stachenfeld LLP (A&S) as a partner in the corporate real estate/joint venture practice group.

Adler & Stachenfeld has one of the largest real estate law practices in New York City, and the corporate real estate / joint venture practice is the crown jewel in the firm’s Pure Play model. The market-leading practice provides a range of legal services to help facilitate complex and programmatic joint ventures, restructurings, corporate real estate transactions, as well as private and public REIT transactions. In keeping with the overall mission of the firm, the practice also provides clients with a value-add service, acting as a business liaison and strategic partner to help clients grow their businesses. 

“Joseph has built a reputation as one of the most capable JV/real estate attorneys in the region, and we’re thrilled to have him on board,” said Kim Le, co-chair of the real estate practice group. “He joins us with a wealth of experience working on complex real estate transactions representing institutional investors, private equity firms, developers, REITs and family offices, and his extensive relationships and legal acumen will make him a valuable asset to our practice.”

“Joseph has worked on high-profile transactions across the broad array of asset classes within commercial real estate, and that positions him perfectly to come out of the gate as an excellent advisor to our clients,” said Chris Gorman, co-chair of the real estate practice group. “In addition to the sophisticated counsel he will provide, he is also a natural connector, and I’m excited to see him contribute to the practice’s growth.”

With more than 10 years of real estate law experience, Kornbluh has represented a wide range of real estate companies on complex joint venture and corporate real estate transactions totaling over $50 billion. Before joining Adler & Stachenfeld, Kornbluh was special counsel at Stroock & Stroock & Lavan LLP. He received his  J.D., cum laude, from Fordham University School of Law in 2013.

“I am excited to join this dynamic team of attorneys, and look forward to working with Kim, Chris and the rest of the firm leadership to provide the highest level of counsel to our clients,” Kornbluh said. “Joining Adler & Stachenfeld is an incredible opportunity to work with some of the city’s top real estate attorneys and cultivate relationships with the city’s most prominent CRE investors and developers. The firm’s mission to help clients grow their businesses resonates deeply with me, and I’m eager to pursue that approach and create additional value for my client base and professional network.”

“Welcoming Joseph to the firm is the beginning of an exciting new chapter at Adler & Stachenfeld,” said managing partner Terri Adler. “His considerable acumen for navigating the intricacies of real estate law across a variety of sectors will not only benefit our clients but bolster the shared knowledge of the practice where we continually collaborate and interface to ensure that all find success.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking