Jacob Amir leads firm’s representation on client’s $17.1 million sale of three Bronx Properties.
Zarin & Steinmetz LLP represented a family-owned real estate holding company on the sale of three commercial properties in the Bronx in a package sale to an investor. The properties, all fully occupied, had been owned and operated by the family entity since the 1970s.
From preparing the multi-layered agreement involving individual and trust obligations, to successfully tackling ancient mortgage, tenancy and title contingencies through closing, Jacob worked closely with the client through each step of the transaction to ultimately reach a smooth conclusion. With the closing successfully completed, the firm’s client was able to realize the financial well-being for a family business spanning three generations.