Edward Farrell is a partner in the Real Estate Group. His practice encompasses a wide variety of commercial real estate transactions and financing matters, including the purchase and sale of office buildings, multi-family apartment complexes, mixed-use properties and vacant land properties.
In commercial loan financing matters, Ed handles sophisticated financing transactions involving the preparation and negotiation of all types of loan documents on behalf of institutional lenders and borrowers. In particular, he focuses on commercial mortgage loans, business line of credit facilities and asset-based lending transactions involving borrowers across a multitude of industries.
Ed has extensive experience in commercial leasing matters representing both building owners, as landlords and business operators, as tenants in lease transactions involving office space, warehouse facilities and industrial sites.
Due to the impact of COVID-19, Ed's practice also includes:
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apple seeds LLC is a growing organization that provides indoor playground facilities, classes, birthday parties and other activities. As an emerging and growing business, apple seeds needed a business-minded legal partner who understood the challenges of being a middle market business. They needed help building the company from the ground floor up, and providing a solid foundation for future growth.
We secured an amazing win when Sean-Sakie Holdings Ltd. succeeded in preserving a $21 million real estate purchase and sale contract regarding a commercial property in Manhattan, the validity of which had been challenged by the purchaser to that contract.
On April 13, 2017, the Appellate Division, First Department affirmed the August 2016 decision of the New York County Supreme Court in which TKD secured a victory on behalf of our client, 152 W. 58th Owners Corp., where our client was awarded license fees for access by the petitioner, as well as reimbursement of our client’s engineering and legal fees and a per diem penalty of $500 if the work was not completed during the court-ordered license term.
This March and April, we represented Delshah Capital in its acquisition of a defaulted loan secured by a first mortgage on an office building on Second Avenue.
The Appellate Division, First Department has refused to vacate a two-day trial before Judicial Hearing Officer Ira Gammerman of the New York State Supreme Court, in which JHO Gammerman found that Tarter Krinsky & Drogin’s clients were not liable to their former landlord for more than one year’s rent after they vacated their premises.
Tarter Krinsky & Drogin’s client, a New York City real estate developer, recently sold an LLC interest in a real estate development company.
Edward Farrell and Jason D. Evans co-authored the article "Defining Contractual ‘Best Efforts" in the March 17 issue of the New York Law Journal.
Edward Farrell has been named Partner in the Real Estate Practice.
We are pleased to announce that Edward Farrell and Debra Bodian Bernstein have been named Counsel to the firm.
The firm represented The New York Mortgage Company in its sublease of approximately 60,000 square feet of office space at 1301 Avenue of the Americas.
Tarter Krinsky & Drogin managing partner Alan Tarter, and Commercial Finance partners Ed Farrell and Sherri Lydell recently attended the New York Edge Annual Benefit Luncheon alongside members of the BankUnited team, whose Chief Operating Officer was honored for his support of access to education in underserved communities.