Real Estate

Closing the Deal, Advancing Your Vision

Invest, improve, finance, develop, build, lease, sell.  Whatever your role in a real estate project, we help identify your best opportunities and cut through red tape to expedite and close transactions of any size

Tarter Krinsky & Drogin’s Real Estate Practice Group represents owners, tenants, institutional and private lenders, developers and asset managers in office, residential, industrial and retail transactions and operations.

Leasing and Asset Management
We represent owners, tenants and asset managers in leasing their office space, retail and properties. We negotiate commercial leases, subleases, assignments, alterations agreements, brokerage agreements, service contracts and other related agreements.

Finance and Restructuring
Successful real estate transactions often hinge on financing. From conventional acquisition to more complex lending needs, such as construction loans, purchases of co-lending interests and loan workouts, our attorneys bring deep experience to every deal.

Development and Investment
We assist you in all aspects of your project’s development, including assemblage, financing, construction, partnership and joint venture arrangements, and the negotiation of agreements with architects, construction managers and contractors. Partnering with our corporate and tax attorneys, we also draft and review offering memoranda and structure transactions to achieve the most favorable tax treatment available.

Name Title Direct Dial Vcard
Beller, Brian J. Counsel Counsel 212.216.1173 VCard
Camporeale, Michael E. Associate Associate 212.216.1162 VCard
Cohen, Perry L. Partner Partner 212.216.1165 VCard
Farrell, Edward Partner Partner 212.216.8090 VCard
Greenberg, Lester A. Counsel Counsel 212.216.8033 VCard
Groarke, Kevin P. Partner Partner 212.216.8066 VCard
Kilduff, Patrick J. Partner Partner 212.216.8019 VCard
Levinson, Gabriel Partner, CFE Partner, CFE 212.216.1133 VCard
McDevitt, Tara D. Associate Associate 212.216.8071 VCard
Ofsevit, Samuel M. Partner Partner 212.216.1144 VCard
Piazza, Gina M. Partner Partner 212.216.1129 VCard
Ptak, Saree R. Partner Partner 212.216.1164 VCard
Richman, Arlene B. Associate Associate 212.216.1196 VCard
Schneider, Scott Counsel Counsel 212.216.1167 VCard
Sonnenklar, Orly Paralegal Paralegal 212.216.1178 VCard
Tarter, Alan M. Managing Partner Managing Partner 212.216.8010 VCard
Troup, Steven Partner Partner 212.216.8020 VCard
Tumulty, Christopher Counsel Counsel 212.216.8096 VCard
Weisner, William W. Partner, Chair of Real Estate Practice Partner, Chair of Real Estate Practice 212.216.8095 VCard
Zagorsky, Arthur Partner Partner 212.216.8030 VCard
Zipkowitz, Eric Partner Partner 212.216.8088 VCard
  • apple seeds LLC

    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.  

  • Nitehawk Cinema

    Entrepreneur Matthew Viragh approached David Pfeffer, Chair of Tarter Krinsky & Drogin’s Construction Practice, for legal and business counsel relating to a new and unique cinema to be opened in Williamsburg, Brooklyn.

  • The Factory

    Historically an industrial waterfront, Long Island City has become a site for luxury residential condominium and rental buildings in recent years, and is now becoming an active office district. Built in 1926 and originally used by Macy’s as a furniture warehouse, The Factory is one of Long Island City’s newest and premier workspaces. A 1.1 million sq. ft. multi-tenanted industrial office and retail building owned by Atlas Capital Group, in partnership with Square Mile Capital and Invesco, the building covers an entire city block from 47th to 48th Avenues and from 31st Street and 30th Place in Queens.

  • David Pfeffer Authors Law360 Article on What NYC Landlords and Tenants Need to Know About Short-Term Apartment Rental Services
    February 6, 2017

    Construction chair and partner David Pfeffer authored an article in Law360 on "The Conundrum With Short-Term Rentals." The article explores what New York City landlords and tenants need to know about how recent regulations on short-term apartment rental services such as Airbnb, HomeAway, VBRO and Roomorama affect their properties.

  • Forgiving Fines: The NYC Amnesty Program
    November 21, 2016

    In an effort to collect more than one billion dollars in outstanding fines, the City of New York is offering an amnesty program that allows participants to resolve violations

  • New Mandatory Cooling Tower Registration Adopted By NYC For Building Owners
    August 25, 2015

    In the wake of the recent Legionnaires' disease outbreak in the Bronx, the City of New York has adopted amendments to the Administrative Code requiring the registration of all cooling towers with the Department of Buildings (DOB).

  • Foreign Investments Help Fund Commercial Development
    September 1, 2010

    In the wake of the financial meltdown and subsequent signs of economic recovery, opportunities are becoming more prevalent for those looking to diversify and expand their investments. Luckily, there are various ways to acquire funding for development projects that are both available and underutilized. The Employment-Based visa program is one such tool, particularly the EB-5 visa category. 

  • Next Steps and Defenses Following ‘Roberts’ Decision
    January 28, 2010

    Delivering a crushing blow to an already distressed real estate market, New York’s highest Court recently issued a landmark decision in Roberts v. Tishman Speyer Properties, L.P. On Oct. 22, 2009, the New York State Court of Appeals ruled that the owners of the massive residential complexes of Stuyvesant Town and Peter Cooper Village improperly charged market-rate rents to tenants.

  • Tenants Who Leave Early: Do Not Assume You Can Avoid the Rent
    December 12, 2009

    In situations where a tenant leaves leased premises before the expiration of the lease term, until recently, different results were sometimes obtained in cases involving commercial tenants versus cases involving residential tenants.

  • Mortgage Contingency Clauses: Essential Protection For Purchasers
    September 1, 2009

    For many years, it has been standard in the real estate industry that contracts of sale for the purchase from the sponsor of newly constructed or newly renovated residential condominium units or cooperative apartments do not contain a mortgage contingency clause Accordingly,purchasers would not have the right to terminate a contract of sale if an application for financing were denied or, alternatively, if it was granted for an amount lower than the amount sought.

  • Three Strategies For Dealing With Balking Purchasers
    July 1, 2009

    In today's residential real estate market, balking purchasers are a major challenge for developers. Developers have several tools to counter these increasingly common and harmful tactics and achieve their primary objectives of avoiding costly disputes, capitalizing on their investment and compelling balking purchasers to comply with the agreements they signed.

  • Contract Law: What Does Giving Your Best Efforts Mean?
    April 1, 2008

    How hard do the parties to a contract have to work to meet their obligations? Under New York law, every contract contains an implied covenant of good faith and fair dealing that requiresparties to cooperate so that neither party is deprived of the right to receive the benefits of their agreement. Typically, many contracts also include provisions requiring each party to use “bestefforts” in performing their contractual obligations.

  • Second-Hand Tobacco Smoke in Residential Apartments
    September 1, 2006

    A recent court decision regarding secondhand tobacco smoke from the Housing Court in Manhattan has possibly wideranging ramifications to apartment buildings, cooperatives, condominiums and rentals alike.

  • Selling Real Estate When One Or More of the Owners Have Died
    September 1, 2006

    There are many issues encountered in selling real estate when one or more of the owners have died. At the inception of the transaction, prior to the execution of a contract of sale, we must ascertain (i) how title to the property was held: individually, by tenants in common, asjoint tenants with rights of survivorship, or as tenancy by the entirety between husband and wife; and (ii) whether the decedent died with a will or without. In all cases, a copy of the death certificate is required.

  • Selling After Death of an Owner
    September 8, 2005

    There is a general uncertainty within the real estate community with respect to the requirements for conveying clear title to individually owned condominium and cooperative apartments when one or all of the record owners are deceased. This article will discuss what a seller's attorney must do prior to closing to assure that the seller can deliver on his or her obligation to convey clear title at closing, as well as to satisfy the title agent and the managing agent of a cooperative corporation, that all of the necessary documents are in place in order to effectuate a transfer of good and clear title of the unit.

  • Do We Keep it a Secret? The Pros and Cons of How Public Your Balloting Should Be
    June 1, 2005

    When shareholders of a cooperative or unit-owners of a condominium vote to elect members of a board, balloting may be done in secret or in the open. Secret ballots, as the term implies, are private. In open balloting, both the fact of voting and the person for whom the ballot is cast are public knowledge.

  • Consolidating Residential Real Estate Service Providers
    September 22, 2003

    There has been a significant consolidation of residential real estate service providers nationwide in the past few years, and this trend has recently been gaining momentum in New York. 

  • Yield Spread Premium
    January 1, 1999

    The mortgage brokerage industry has grown in recent years to the point where as many as half of all home mortgages are facilitated by a mortgage broker.1 The broker acts as intermediary between the borrower (whether a home-buyer or a homeowner refinancing an existing mortgage) and the institutional lender (lender).

  • Escrow Funds: Whose Property?

    At a real estate closing, title companies typically escrow funds to satisfy various outstanding obligations of a buyer or seller (or in the context of a refinancing, the owner of the property). These outstanding obligations, most commonly tax liens, mechanic’s liens and judgments, would otherwise be deemed an “exception” to title coverage.