George Comfort & Sons Acquires Suburban New York Office Building
Blank Rome advised George Comfort & Sons, Inc., in the negotiation of a joint venture with O’Connor Capital to acquire a class "A" suburban New York office building for $166 million. In addition, Blank Rome assisted in the negotiation of the acquisition financing from HSH Nordbank. The deal closed on September 6, 2007.
The Blank Rome team was led by Martin Luskin and included Barry Sweet, Pelayo Coll, and paralegal Saudi Gonzalez.
George Comfort & Sons, Inc., one of Manhattan’s largest real estate firms, manages in excess of nine million square feet of commercial property and has assets in excess of $1 billion in partnership with top global investors. They also target under-performing assets and improve them through repositioning and redevelopment.
O’Connor Capital Partners is a privately held, independent real estate investment firm focused on principal investing through private equity funds. O’Connor concentrates its efforts on making direct investments in high-quality assets in major metropolitan markets in North America and Europe.
One of Manhattan’s largest real estate firms