Looking ahead to its 50th anniversary in 2021, the 63-lawyer firm relocates to 500 Fifth Avenue in New York, updates logo and website to emphasize six core service areas – Investment Funds, Real Estate, Corporate Transactional & Finance, Litigation & Risk Management, Tax, and Trusts & Estates ########### New York (February 18, 2020) – Leading…
ROSS L. YUSTEIN
Ross Yustein is the chair of Kleinberg Kaplan’s Real Estate Department. He counsels clients on a variety of real estate matters, including joint venture transactions, real estate development, sales and acquisitions, financing, leasing and real estate private equity.
Ross represents a diverse group of clients, including owners, operators, developers, lenders, borrowers, landlords, tenants and investors in various transactions such as sales, acquisitions, financings (permanent, construction, mezzanine and revolving), leases, joint ventures and restructurings. Ross has also worked on a substantial number of real estate bankruptcies and workouts.
- Represented a hedge fund in a joint venture i) to acquire and renovate the Parker Hotel New York, ii) to acquire the Grande Lakes Orlando Resort and iii) to acquire the River City Condominium in Chicago.
- Represented a joint venture lender in the acquisition and restructuring of multiple-trench debt secured by 245 Tenth Avenue, a 44,939 square foot mixed use condominium located contiguous to the High Line Park in New York City.
- Represented purchaser in $124 million acquisition of Florida condominium development from distressed seller.
- Represented landlords and tenants in hundreds of commercial leases ranging from 2,000 to 500,000 square feet.
- Represented sellers in $73 million sale of office buildings located at 331 Madison Avenue and 48 East 43rd Street in Manhattan.
- Represented $200 million investor in $1 billion real estate opportunity fund.
- Represented New York developer in successful restructuring of six different distressed construction loans, avoiding bankruptcy.
- Represented medical office building developer in development, acquisition, financing and leasing of numerous projects in several states.
- Represented landlord in restructuring of 40,000 square foot office lease of tenant in bankruptcy.
- Handled real estate aspects of numerous bankruptcies on behalf of creditors and debtors, including restructuring of $200 million credit facility secured by 550 owned and leased gas stations.
- Represented mezzanine lender in bankruptcy restructuring of $100 million Texas golf course community development.
- Represented mezzanine lender in origination of dozens of loans for New York City mixed-use developments.
Georgetown University Law Center (J.D., 1994)
Brown University (B.A., 1988)
1995, New York
1994, New Jersey
Leading Boutique Law Firm Kleinberg Kaplan Refreshes Brand with Office Move and New LookFebruary 18, 2020Firm News
Kleinberg Kaplan Attorneys Featured in Law360 Article on Largest First-Half Hotel M&A DealsJuly 23, 2019Firm News
Kleinberg Kaplan attorneys were recently featured in Law360‘s article on the Largest First-Half Hotel M&A Deals. Kleinberg Kaplan’s contribution includes the $420 million venture with GFI Capital Resources Group (“GFI Capital”) and Elliott Management Corporation (“Elliot”) to acquire the Parker Hotel in New York. Kleinberg Kaplan acted as counsel to both GFI Capital and Elliott.…
A Primer On Construction Loan Disbursement RequestsAugust 11, 2014Attorney Articles
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Commercial Leasing IssuesOctober 31, 2012Client Alerts
Leasing has always played an important role of our real estate practice, representing both landlords and tenants. We have recently written about certain important issues pertinent to commercial leasing. First, Real Estate Forum recently published an article by Jason Polevoy of our real estate group, in which he discusses steps available to a landlord both…
Hedge Fund Investments in Real Estate Legal and Tax IssuesApril 30, 2007Client Alerts
As hedge funds continue to grow, the market’s demand for investment returns has sparked an increasing interest in direct real estate investments – traditionally the domain of private equity funds. There are a number of issues that a hedge fund manager should carefully consider prior to investing fund assets directly in real estate. This Newsletter…