Rivkin Radler’s Kornblum and Ehrlich acquire $40 million for purchaser

Yaron Kornblum and Daniel Ehrlich of Rivkin Radler LLP represented a purchaser in the acquisition of a mixed-used building with approximately 60 units located in Midtown Manhattan for the purchase price of $40 million. The acquisition included construction, project, and acquisition financing; rent control and rent stabilization issues; employee union matters; and negotiating various amendments and other agreements on behalf of the purchaser.