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Brokerage
Posted: August 21, 2018
Mermelstein leads Fried Frank team in counsel for Brookfield’s leasehold interest acquisition at 666 Fifth Avenue
Fried Frank
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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