charitable organizations: matters
Part of the Solution - Building Acquisition
Pro bono representation of Part of the Solution ("POTS") in the acquisition of a building adjacent to their Bronx headquarters. We helped negotiate the contract for purchase and the mortgage financing, which was provided by a not-for-profit entity specializing in loans to comparable borrowers.
Private Bank - Not-For-Profit
Representation of a major private bank in a $30 million unsecured revolving credit facility to a not-for-profit company that is dedicated to providing services to public schools.
Hale House Center Inc. - Loan
Representation of Hale House Center Inc. in a loan secured by its headquarters at 152 West 122nd Street. The loan will be used to fund and expand certain child care residences and learning centers operated by Hale House.
Charitable Organization - Residential Development
Representation of a charitable organization that combats poverty in obtaining approval from the New York City Landmarks Commission to build a 515-unit residential development in the Sea View Hospital Historic District, as well as zoning approvals form the New York City Planning Commission, and environmental consents from the New York State Department of Environmental Conservation.