We represented Delshah Capital in the financing of its $26.4 million acquisition of an office building at 221 West 17th Street from Doreen Interiors. DelShah will partner with On the Level Enterprises to redevelop the 33,000-square-foot building into luxury condos. The partnership plans to add four floors to the property, creating a 10-story luxury residential condominium with ground-floor retail space. DelShah Capital, LLC is a full-service real estate and CRE debt acquisition, development and management company that owns and operates 1750 multifamily units as a part of its 2 million square feet commercial real estate portfolio that is spread through the five boroughs of New York City.
William Weisner, a Partner in the Real Estate Practice Group, represented DelShah Capital in the transaction.
|Weisner, William W. Partner and Chair of Real Estate Practice||Partner and Chair of Real Estate Practice||212.216.8095|